Story perspectives

Meta raises up to $95 billion for AI

By Drooid · Oct 26, 2026, 2:27 PM UTC · How we work

Summary

Meta Raises AI Capital

Meta Platforms Inc. seeks to raise up to $95 billion for AI development.
Meta launched $35 billion equity offerings, including $22.5 billion Class A common stock.
Meta also issued $12.5 billion depositary shares linked to preferred stock.
Meta will add a $60 billion at-the-market program with Class C shares in Q1 2027.
Nvidia, AMD and Broadcom indicated interest in buying up to $5 billion of Class A shares.

Summary

Meta Reports Cash Burn

Meta pledged roughly $825 billion in future spending for data-center, AI-infrastructure and cloud projects.
Meta’s cash, cash equivalents and marketable securities total $82.45 billion, slightly above its $80.92 billion long-term debt.
Meta recorded a $2.12-billion cash burn in Q3, its first negative free cash flow in over ten years.
Meta forecasts fourth-quarter revenue between $73 billion and $76 billion.

History

Historical Context

In 2012 AWS’s re:Invent conference saw Netflix pledge to move all its infrastructure to the cloud, marking a major shift toward large-scale cloud use. By 2015 AWS posted $2.1 billion Q3 revenue—a 78 % rise from 2014’s $1.17 billion—showing profitability that drove rivals to fund AI-focused data centers. Meta’s 2027 $95 billion AI raise and $825 billion infrastructure pledge mirrors this cloud-growth drive.

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Meta Raises AI Capital

Meta Platforms Inc. seeks to raise up to $95 billion for AI development.
Meta launched $35 billion equity offerings, including $22.5 billion Class A common stock.
Meta also issued $12.5 billion depositary shares linked to preferred stock.
Meta will add a $60 billion at-the-market program with Class C shares in Q1 2027.
Nvidia, AMD and Broadcom indicated interest in buying up to $5 billion of Class A shares.

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