Meta is considering raising tens of billions of dollars in a stock offering to fund AI infrastructure spending

Meta is exploring ways to raise capital through a stock offering as it prepares to boost AI-related capital expenditures to as much as $145 billion this year and even higher in 2027.

The move follows Alphabet's decision to raise $84.75 billion in upsized equity offerings, as major technology companies compete to build data centers for AI.

Meta shares fell 6.6% following the report; the company did not immediately respond to a Reuters request for comment.