Meta Plans up to $95 Billion in Financing to Power Its AI Growth
A facts-only brief, written by a local AI model from this article in The Wall Street Journal, October 26, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.
Meta Platforms announced on Monday a strategy to raise up to $95 billion through stock sales to finance its expanding artificial intelligence infrastructure. The company intends to issue approximately $35 billion in public offerings, consisting of Class A common stock and depositary shares for convertible preferred stock. Additionally, Meta plans to create an at-the-market program for up to $60 billion in nonvoting Class C shares, which could begin in the first quarter of 2027. The company stated that Nvidia, Advanced Micro Devices, and Broadcom have expressed interest in purchasing up to $5 billion of the common stock.
Background
- Meta expects capital expenditures for the current year to range between $135 billion and $145 billion.
- The company is restructuring around Meta Superintelligence Labs to develop its Muse AI agent and AI-enabled smartglasses.
- Total U.S. investment in data centers and related AI infrastructure is projected to reach $10.3 trillion from 2025 to 2032.
- Meta’s stock declined by approximately 1% at the market open on Monday.
Read the full article at wsj.com
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