Meta plans US$95bn equity raise for AI infrastructure
Briefing by News4U · First published
Meta Platforms will raise up to US$95 billion in its largest equity fundraising to fund AI infrastructure, including US$35 billion in stock offerings and a US$60 billion share sale programme.
Meta Platforms said on Monday it plans to raise up to US$95 billion in its largest-ever equity fundraising to fund AI infrastructure expansion, according to RTHK Finance. [1]
The company has launched public offerings worth about US$35 billion in common and preferred stock and plans a separate at-the-market share sale programme worth up to US$60 billion after new non-voting Class C shares begin trading in the first quarter of 2027. [1]
Nvidia, Advanced Micro Devices and Broadcom have shown interest of up to US$5 billion in total for Class A shares, while Meta continues to invest in chips and data centres to compete with OpenAI and Anthropic. [1]
Sources
- Meta planning to raise US$95bn to fund AI buildout
RTHK Finance · · Summary only