Key facts
- Meta plans to raise up to $95 billion in equity financing for AI infrastructure.
- The financing includes $35 billion in concurrent public offerings and a planned $60 billion at-the-market program.
- Nvidia, AMD, and Broadcom may buy up to $5 billion in shares.
- Meta expects capital expenditures of $135 billion to $145 billion in 2026.
- The company is building four AI superclusters with more than one gigawatt of capacity each.
Meta Platforms is preparing to raise as much as $95 billion in equity financing to support its extensive artificial intelligence infrastructure buildout. The social media giant announced concurrent public offerings totaling approximately $35 billion, with plans for a separate $60 billion at-the-market program. Chipmakers Nvidia, AMD, and Broadcom have signaled interest in acquiring up to $5 billion of Meta's Class A common stock. The company anticipates capital expenditures between $135 billion and $145 billion for 2026 as it constructs four AI superclusters, each with over one gigawatt of capacity.