Meta announces $95 billion stock offering to fund AI expansion

Meta is planning to raise a total of $95 billion to support its investments in AI infrastructure and superintelligence. Nvidia, AMD and Broadcom were interested in purchasing up to $5 billion in shares, Meta said in a statement. Goldman Sachs estimates that artificial intelligence-related capital spending could total about $7.6 trillion from 2026 through 2031.

Meta said Monday it is planning to raise a total of $95 billion to support its investments in artificial intelligence infrastructure and superintelligence.

The stock was down 1.6% in morning trading after the announcement. Nvidia, Advanced