00:00Meta is planning to raise as much as $95 billion through a massive stock offering to help finance
00:06its artificial intelligence ambitions. The plan includes $35 billion and an underwritten share
00:13sale, followed by an additional $60 billion through an at-the-market program. CEO Mark
00:19Zuckerberg is racing to build AI infrastructure and develop so-called personal superintelligence,
00:25even as the company faces soaring capital losses and pressure to prove its investments will pay
00:31off. The fundraising drive underscores just how expensive the AI arms race has already become
00:37and how much more capital tech giants may need to stay ahead.
