Meta raises $95 billion in stock offerings for AI infrastructure

upi.com — October 26, 2026 at 04:01 PM UTC

Meta announced Monday it is launching two stock offerings to raise $95 billion for AI infrastructure, with interest from Nvidia and AMD. The offerings include 250 million Series A depositary shares and $22.5 billion in Class A common stock. Meta said Nvidia, AMD, and Broadcom have expressed interest in purchasing $5 billion of common stock individually, not jointly. Meta cited tangible AI returns from increased engagement and advertising performance. Goldman Sachs estimates tech industry AI spending could reach $7.6 trillion through 2031, and Meta reported a 26% revenue increase last quarter.

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