Meta pursues $97.5 billion round to boost its artificial intelligence with Nvidia, attracting top investors
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Meta increased its capital-raising process to $97.5 billion in order to reinforce its artificial intelligence architecture. In parallel, Nvidia announced a $3 billion contribution to the company's share placement. The parent company of Facebook, Instagram, and WhatsApp announced this Tuesday that it will raise the common stock offering from $22.5 billion to $25 billion, compared to the proposal presented on Monday. Each share will be offered at $625 per share. Additionally, Meta set a price of $50 for each of its 250 million depositary shares. Simultaneously, the company plans to execute an at-the-market share sales program of up to $60 billion, distributing the securities gradually according to the current market price. To date, the company has made public offerings of common and preferred stock available for approximately $35 billion. The largest-scale program will be activated once its new non-voting Class C shares begin trading. Meta anticipates this event will occur in the first quarter of 2027, although it has not yet defined a precise schedule or the terms of the operation. The fundraising scheme also attracted the attention of Nvidia, Advanced Micro Devices (AMD), and Broadcom, which expressed their intention to collectively invest up to $5 billion in Class A shares. In a separate statement, Nvidia confirmed that it will contribute $3 billion to Meta's offering. The...
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