Meta Plans Up to $95 Billion Stock Sale to Fund AI Expansion
Meta Platforms announced plans to raise up to $95 billion through stock sales to fund its artificial intelligence infrastructure expansion, including public offerings of about $35 billion and a separate share-sale program of up to $60 billion. The capital will support investments in data centers and hardware for advanced AI models, as Meta competes with other tech firms in the AI race. The structure aims to preserve Mark Zuckerberg’s voting control, with chipmakers Nvidia, AMD, and Broadcom reportedly interested in participating. These investments highlight the financial ties between AI builders and chip suppliers, though they raise concerns about circular financing. Meta’s success depends on converting AI products into sustainable revenue, underscoring the massive capital needed to stay competitive.