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00:02Meta shares fell more than 5% on Friday after the Financial Times reported the company is
00:08considering a stock offering to raise tens of billions of dollars to fund AI investments.
00:13Meta has not hired banks and may not proceed with the offering.
00:18According to CNBC, a Meta spokesperson called the report pure speculation and said the company
00:24will continue raising capital in flexible ways to support AI opportunities.
00:27Meta raised its 2025 CAPEX guidance to as high as $145 billion, up from $135 billion,
00:35as it races to build AI infrastructure.
00:38Meta and Alphabet are spending record amounts on capital expenditures to build AI infrastructure.
00:44For all things money, visit Benzinga.com.
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