Meta launches $35 billion equity and preferred stock offerings
Funding supports AI infrastructure investments. NVIDIA, AMD, and Broadcom are cornerstone investors.
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Social media, AI, and immersive technology company
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In short: Meta posted strong Q3 earnings with $64.6B revenue while unveiling its Muse AI and major funding.
Funding supports AI infrastructure investments. NVIDIA, AMD, and Broadcom are cornerstone investors.
Meta reported $64.6 billion in revenue and announced a new non-voting Class C stock effective January 2027.
The device features a detachable compute puck, IMAX certification, and hologram calling. It launches in Spring 2027 at $1,299.
The announcement includes new Muse AI features, Gen 3 ray-bans, LISA collab frames, expanded global availability, and a $249 entry-level model.
Nvidia's $3 billion equity stake in Meta ties two stocks that already share space in most retirement fund ETFs, raising ...
Meta's upcoming 2-for-1 stock split aims to create non-voting shares, preserving Zuckerberg's control while financing AI ...
Jury selection is expected to begin on Wednesday in Los Angeles for another landmark trial about the alleged harms of social media on young users...
Global markets react to Brent crude hitting $117 per barrel and Meta's announcement of a $95 billion stock offering for AI expansion.
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