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Meta looks to raise up to $95 billion from stock sales to fund its huge AI build-out

All Content from Business Insider·Robert Scammell,Theron Mohamed·about 14 hours ago
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Meta CEO Mark Zuckerberg is among the most prominent figures in the AI race. Finn Gomez/Getty Images

Meta is tapping investors for up to $95 billion to fund its huge AI build-out.

The tech giant said in a Monday filing that it has launched about $35 billion in equity offerings, comprising around $22.5 billion of Class A common stock, and $12.5 billion in depositary shares representing preferred stock.

The parent company of Facebook, WhatsApp, and Instagram also said it was planning a $60 billion at-the-market offering once its Class C shares begin trading in the first quarter of 2027.

"AI is creating significant opportunities for Meta across its core business and new products and services," the company said in a press release.

"Meta is investing to expand the infrastructure and compute capacity needed to support these opportunities and to bring personal superintelligence to billions of people and businesses," it added.

Nvidia, AMD, and Broadcom have each expressed an interest in buying up to $5 billion…

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