By Yahoo Finance Video
Publication Date: 2026-06-05 20:16:00
00:00 Speaker A
they’re just trying to find a new way, I think to basically raise as much capital as possible to fund this AI build out.
00:09 Speaker A
You know, this comes after Alphabet did the same thing, Google Alphabet, whatever.
00:13 Speaker A
Um, they uh raised 85 billion in in a fresh stock uh uh sales.
00:18 Speaker A
Uh and so, you know, clearly Meta saw that, uh, probably had this planned for a little while. I don’t think they would just, you know, say, hey, a few days ago Google did this, so we’ll do it.
00:26 Speaker A
But yeah, I think they saw the reaction and were like, okay, this is this is a good way for us to move forward and raise, especially considering that the original 80 billion that Google wanted to raise was oversubscribed so they put it up to 85 billion.
00:36 Speaker A
Um, you know, this isn’t the only way that they’ve been trying to raise money though. They’re trying to monetize their…