Meta will raise up to $95 billion via stock offerings for AI

Meta plans to raise up to $95 billion via stock offerings to fund AI development. This follows guidance to spend up to $145 billion in capital expenditures this year. The scale of fundraising and CapEx indicates reallocation of major tech investment toward AI infrastructure. Potential implications for crypto markets: near-term liquidity absorption from equities; competition for capital with crypto and Web3; increased demand for AI-capable compute and data centers that could divert investment flows from crypto infrastructure.