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Technology

Meta launches $35-billion stock offering to fund AI expansion

Katherine Langford
Editor-in-Chief · Monday, October 26, 2026 at 11:24 AM · 1 min read
Meta launches $35-billion stock offering to fund AI expansion — Globe and Mail Business, Vancouver Technology news
Image: Globe and Mail Business

Meta Platforms META-Q on Monday launched public offerings of about US$35-billion in common stock and convertible preferred stock, as the Facebook parent seeks to finance its costly AI expansion.

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