Meta plans to raise about $95 billion through stock sales to pay for its AI build-out
About $35 billion in offerings launched Monday. A later $60 billion program depends on new nonvoting Class C shares, and Nvidia, AMD and Broadcom have signaled interest in buying.
Meta plans to raise about $95 billion to fund its AI infrastructure and superintelligence work, as its annual spending approaches $145 billion, TechSpot reports. On Monday the company launched about $35 billion in offerings: $22.5 billion in Class A common stock and $12.5 billion in securities representing mandatory convertible preferred stock. Citing Reuters, TechSpot says a separate $60 billion share-sale program would follow once Meta's new nonvoting Class C shares begin trading, which is expected in early 2027. That program would sell shares into the market over time. Meta says no agreement has been signed, and the timing, size and terms are not yet set. Nvidia, AMD and Broadcom have said they are interested in buying up to $5 billion worth of shares between them, so some of Meta's own suppliers would end up holding its equity. Meta shares rose 1.6% in premarket trading. Even one of the world's most profitable companies is now turning to equity markets to pay for AI spending, at a time when investors are worried about a bubble and SpaceX's Elon Musk has warned that smaller AI infrastructure companies face a shakeout.