Meta is raising even more cash to fund the AI build-out — as much as $95B

Meta (META) is set to raise up to $95 billion to continue funding its AI build-out. The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley go over the details. Video Transcript 00:00 Speaker A Another filing this morning from Meta, which is going to be raising more cash. Now, as we know, Meta and its hyper scalar peers, um, although is Meta a hyper scalar? No, not really. I don't know. It's big tech peers are spending a lot of money. 00:11 Speaker B Kind of. Kind of. They're spending. I think they definitely are. They definitely are. 00:14 Speaker A But the way they're spending. 00:17 Speaker A In any case, they're raising money. They're going to raise as much as $95 billion um through a sale of stock, actually several sales of stock.