Meta Platforms launched about $35 billion in stock offerings to support AI expansion
Meta Platforms launched about $35 billion in stock offerings as part of a plan to raise up to $95 billion for artificial intelligence expansion. The offerings include common and convertible preferred shares, with a separate at-the-market sale of up to $60 billion planned. Meta said Nvidia, AMD and Broadcom were interested in buying up to $5 billion in shares.
More context
Meta Platforms has launched about $35 billion in public offerings of common and convertible preferred stock within a broader effort to secure as much as $95 billion to support its AI expansion. The company also plans a separate at-the-market share sale of up to $60 billion. Nvidia, Advanced Micro Devices and Broadcom have expressed interest in buying up to $5 billion in shares, CNBC reported, citing Meta. Meta expects 2026 capital expenditures of $135 billion to $145 billion, raising the lower end of its previous forecast from $130 billion, according to a report citing CNBC. As of Sept. 30, Meta held $82.45 billion in cash, cash equivalents and marketable securities, while its long-term debt stood at $80.92 billion, its third-quarter results showed.
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Reporting
- CNBC — Meta announces $95 billion stock offering to fund AI expansion
- Financial Times — Meta plans $95bn stock offering to bankroll AI expansion
- schaeffersresearch.com — Meta Platforms Stock in Focus Amid $95 Billion AI Push
- thenews.com.pk — Meta launches record $95 billion equity raise to fund AI infrastructure expansion
- iheart.com — Meta To Raise $95 Billion For AI Expansion | KFBK News Radio
- nbcpalmsprings.com — Meta Plans Up to $95 Billion in Stock Sales to Fund AI Expansion
- americanbazaaronline.com — Meta plans record $95 billion fundraising effort to fuel AI expansion
Verifier’s note
CNBC, KFBK/iHeart, and the Financial Times report Meta’s plan to raise up to $95 billion for its AI expansion; Schaeffer’s Research, The News International, NBC Palm Springs, and American Bazaar also report the same central claim, with American Bazaar explicitly citing CNBC. The reports are consistent with the proposed event and its timing.