equity financing

Meta launches record $95 billion equity raise for AI

Meta Platforms said on Monday, Oct. 26, that it plans to raise up to $95 billion in its largest-ever equity fundraising, Reuters reported. The money will pay for data centers, computing power and other AI infrastructure. The company that spent…

Alibaba completes record $10.2B share sale to fund AI

Alibaba Group on Wednesday completed Hong Kong's largest-ever equity placement, raising HK$80 billion ($10.2 billion) through the sale of 710 million newly issued shares priced at HK$112.70 each. The company said it will direct all proceeds toward building out its…