Meta Platforms (META.O) is considering an equity offering that could raise hundreds of billions of dollars to fund CEO Mark Zuckerberg’s AI expansion, the Financial Times reports. Executives are exploring “innovative” financing as Meta plans to boost AI-related capital expenditure to as much as $145 billion this year and increase it further through 2027. The discussions accelerated after Alphabet’s record $85 billion stock sale this week, which was upsized by $5 billion amid strong demand. Meta

On June 5 the Ministry of Housing and Urban-Rural Development opened a draft revision of the Housing Provident Fund Management Regulations for public comment. The draft seeks to broaden the fund’s role to meet diversified housing needs: expand allowable uses from buying and renting to include home repairs and upkeep; extend coverage to flexible and self‑employed workers; promote reciprocal recognition and mutual lending and accelerate digitalisation to simplify access; and strengthen risk controls to prevent fraudulent withdrawals and loans.

On the 5th a source close to Iran’s negotiating team told the agency that Saudi media reports claiming Iran had agreed to transfer part of its enriched uranium to a third country were false. The source said current U.S.-Iran talks do not involve nuclear issues, which have been deferred to subsequent dialogue.