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Add as a preferred source on GoogleVolato Group Secures Up to $1 Billion Equity Facility for AI Expansion
The common stock purchase agreement with an institutional investor will provide funding for the company’s artificial intelligence expansion.
Volato Group entered an agreement that could provide up to $1 billion through sales of its common stock to an institutional investor, with proceeds intended for its AI expansion.
The company plans to use the proceeds to support its AI expansion.
The agreement was announced Monday, Oct. 12.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.