How will Meta raise the $95 billion?

Meta will initially raise $35 billion in underwritten public equity offerings, then an additional $60 billion through an at-the-market program.

Who is interested in buying Meta shares?

Nvidia, Advanced Micro Devices and Broadcom were interested in purchasing up to $5 billion in shares, Meta said.

What will the money fund?

Meta said the investments support 'emerging AI opportunities' including its family of apps, its AI agent Muse and its data center business.

AI Stocks & MarketsTop Companies' AI MovesAI Business & IndustryTop Companies AI2h agoOct 27, 2026, 06:30 JST

Meta to raise $95 billion for AI build-out

Send on LINE

3 Key Points

What happened
Meta plans to raise $95 billion total—$35 billion in underwritten public equity offerings first, then $60 billion through an at-the-market program. Nvidia, Advanced Micro Devices and Broadcom are interested in purchasing up to $5 billion in shares.
Why it matters
The raise shows how much capital Meta needs to keep pace in AI infrastructure; it plans four superclusters over 1 gigawatt each and aims to nearly double total capacity in 2026, while its stock fell 1.6% on the news.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, every morning.

Get these free every morning

Context & Analysis

Meta's decision to raise equity comes right after its third-quarter results, when revenue jumped 26% year on year to $64.60 billion but investors focused on negative free cash flow and a higher capex forecast. The company now expects full-year capex of $135 billion to $145 billion, raising the bottom of the range from $130 billion, and that sent shares lower on Thursday. The $95 billion offering is a way to fund four superclusters, each with more than 1 gigawatt of capacity, as Meta aims to nearly double total infrastructure capacity in 2026 on a year-over-year basis. The move fits a broader pattern: Alphabet said it would look to raise $85 billion in June, SpaceX closed a $40 billion debt financing to purchase GPUs, and Anthropic is preparing for an initial public offering. Ben Wood of CCS Insight told CNBC the raise 'reflects the eye-watering levels of investment required to keep up in the AI arms race.'

FAQ

How will Meta raise the $95 billion?: Meta will initially raise $35 billion in underwritten public equity offerings, then an additional $60 billion through an at-the-market program.
Who is interested in buying Meta shares?: Nvidia, Advanced Micro Devices and Broadcom were interested in purchasing up to $5 billion in shares, Meta said.
What will the money fund?: Meta said the investments support 'emerging AI opportunities' including its family of apps, its AI agent Muse and its data center business.

AI news that matters for your work, delivered every morning.

Pick your industry and the AI tools you use, and get news related to your work every day.

Get it free

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.