Meta plans $95 billion in stock offerings to fund AI expansion
Meta has outlined two planned share offerings as it invests heavily in AI infrastructure. Three chipmakers have expressed interest in buying some of the stock.
Meta announced plans on 26 October 2026 to raise $95 billion through two stock offerings to help pay for its AI expansion, The Guardian reported. The proposed sales would give the Facebook and Instagram owner another way to finance its growing infrastructure investment; the shares have not been reported as sold.
The first part is a planned $35 billion in underwritten public offerings. Meta also plans a $60 billion at-the-market program, which would sell new common shares to investors at prevailing market prices over time, according to The Guardian. Together, the two parts make up the announced $95 billion target.
How Meta plans to sell the shares
The later sales would use new Class C stock, The Guardian reported. Those shares do not carry voting rights, allowing Meta to raise equity without reducing Mark Zuckerberg’s voting control. The company had announced the new share class the previous week, a step covered in NewsJaws’ report on Meta’s non-voting shares and higher AI spending forecast.
Nvidia, AMD and Broadcom have shown interest in buying up to $5 billion of the shares as cornerstone investors, Meta said, according to The Guardian. Their interest does not establish that they will buy shares or how much either offering will ultimately raise.
Why Meta is seeking more capital
Meta said the fundraising would support continued investment in AI infrastructure and personal superintelligence, The Guardian reported. CNBC reported that the company plans to fund its investments through a combination of operating cash flow, investment-grade debt, partnerships and equity capital. The planned offerings would add stock sales to that broader financing mix.
The scale of the spending helps explain the decision. CNBC reported that, after its third-quarter results, Meta lifted the lower end of its full-year capital expenditure forecast from $130 billion to $135 billion; the new range is $135 billion to $145 billion. CNBC also reported Meta’s account of four AI superclusters under construction, each with more than one gigawatt of capacity, and its expectation that total infrastructure capacity would nearly double in 2026 from a year earlier.
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Sources and context
- Meta plans $95bn stock offering to help cover AI expansionThe Guardian
- Meta announces $95 billion stock offering to fund AI expansionCNBC
AI-assisted article checked against the listed sources. NewsJaws did not conduct interviews or attend the reported events.