Meta Raises $95 Billion to Fund Massive AI Infrastructure Expansion

Meta announced a $95 billion stock offering on October 26 to fund its ambitious artificial intelligence expansion, marking an unprecedented capital commitment in the race to build frontier AI systems. The company will raise approximately $35 billion through underwritten public offerings of common and convertible preferred stock, followed by up to $60 billion through an at-the-market program using new non-voting Class C shares expected to begin trading in the first quarter of 2027. Major chip manufacturers Nvidia, Advanced Micro Devices, and Broadcom have signaled interest in purchasing up to $5 billion of Meta's Class A common stock as cornerstone investors.