{
  "id": 16601502,
  "title": "Artificial Intelligence: Meta raises up to $95 billion for AI development - and creates new stock class",
  "url": "https://urgent.news/2026/10/26/kunstliche-intelligenz-meta-sammelt-bis-zu-95-milliarden-fur-ki",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T12:14:14.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/technik/ki/ki-meta-sammelt-bis-zu-95-milliarden-fuer-ki-entwicklung-ein/100264973.html"
  },
  "original_language": "de",
  "account": "Meta, the US technology conglomerate, plans to raise up to 95 billion US dollars in additional capital to compete in the race for artificial intelligence development. According to a statement on Monday, the company is offering shares of preferred and common stock worth approximately 35 billion dollars. Later, Meta intends to raise up to 60 billion US dollars through an at-the-market (ATM) program, which allows companies to continuously sell shares on the stock exchange. As part of this program, Meta will issue the new, non-voting Class C shares for the first time. Meta has already secured the interest of semiconductor chipmakers Nvidia, Advanced Micro Devices (AMD), and Broadcom to become anchor investors in the stock offering of Class A shares worth up to five billion dollars. However, these expressions of interest are neither binding agreements nor fixed purchase commitments. Investors appear to view the plans positively, with the Meta stock showing a 1.6 percent increase in pre-market trading on Wall Street. Currently, the shares are only slightly above the level seen at the beginning of 2026 following a major tech sell-off the previous week.",
  "summary": "New shares without voting rights is expected to bring Facebook's parent company up to $60 billion for AI investments. Three well-known chip manufacturers are interested in new Meta shares.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}