26 October 2026
Meta plans $95 billion stock sale to fund AI infrastructure
First reported
CNBC, Financial Times and 1 other ran this on , all on the same day.
- Meta, the company behind Facebook and Instagram, plans to raise $95 billion through stock sales to fund AI spending.
- The raise comes in two parts: $35 billion in underwritten offerings, with Nvidia, AMD and Broadcom interested, then $60 billion through a market program.
- Meta's full-year capital spending forecast rose to $135 to $145 billion, and its shares fell after the latest quarterly results.
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Reported by CNBC, The Guardian, Financial Times