Meta is raising about $35 billion in stock for AI spending

Meta plans to raise up to $95B through stock sales, including $35B in common and preferred stock and $60B via an at-the-market share sale program. Nvidia, AMD, and Broadcom committed to buy $5B of common shares. The move aims to fund Meta's AI ambitions, though shares dipped in pre-market trading. Investors question the return on heavy spending, with Meta's models reportedly lagging competitors.

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Meta is issuing $95B in new stock, including $60B in nonvoting shares, to fund its AI investments. The offering is the largest this year, surpassing Google's $85B and Oracle's $25B. Meta shares rose 2% premarket. According to the company, the move aims to raise cash without diluting CEO Mark Zuckerberg's control.

Meta announced a $35B stock offering and plans another $60B program in 2027. Nvidia, AMD, and Broadcom may invest up to $5B. META stock is down 1% YTD and 10% in the last 12 months, according to the article. Investors debated potential returns and dilution effects.

Meta Platforms is raising $35 billion through stock offerings to fund AI investments, with plans for an additional $60 billion via non-voting Class C shares. Revenue grew 26% to $64.6 billion in Q3, but capital spending reached $34.9 billion, resulting in negative free cash flow. Meta's cash reserves are slightly above its long-term debt.

Meta Platforms plans to raise $95 billion through stock offerings, including a $35 billion deal for AI investments. Nvidia, AMD, and Broadcom may participate in the $35 billion offering.