Meta Plans To Raise $35 Billion To Fund Its AI Ambitions

Last Updated:October 26, 2026, 7:17 PM IST

Facebook’s parent company also announced plans to launch an additional stock offering of up to $60 billion, at a date yet to be determined.

Chipmakers Nvidia, AMD and Broadcom, all major suppliers to the AI data center boom, have indicated interest in buying up to $5 billion of the common stock offered, Meta said, though those indications are not binding.

Meta plans to raise $35 billion through a stock offering to fund the development of its artificial intelligence, according to documents released Monday by the US Securities and Exchange Commission.

Facebook’s parent company also announced plans to launch an additional stock offering of up to $60 billion, at a date yet to be determined.

The fundraising comes days after Meta created a new class of non-voting shares that it said would give it greater flexibility to raise capital as it competes in AI.

Chipmakers Nvidia, AMD and Broadcom, all major suppliers to the AI data center boom, have indicated interest in buying up to $5 billion of the common stock offered, Meta said, though those indications are not binding.

The company has been spending aggressively to build out its artificial intelligence (AI) capabilities, and investors are looking for signs that the investments are paying off.

Because the new shares carry no voting rights, Meta can issue them without diluting the voting control held by founder and chief executive Mark Zuckerberg.

Google parent Alphabet recently raised $85 billion through equity offerings to fund its own AI data center expansion.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – AFP)

Quick Answers

Powered by

Ask News18

How much money does Meta plan to raise through its stock offerings for AI development?

Meta plans to raise an initial $35 billion through a stock offering, followed by an additional stock offering of up to $60 billion, bringing its total planned capital raising to $95 billion.

Why is Meta issuing a new class of non-voting shares for its fundraising?

The new non-voting shares allow Meta to raise significant capital for its artificial intelligence ambitions without diluting the voting control held by founder and chief executive Mark Zuckerberg.

Which chipmakers have indicated an interest in buying Meta stock?

Major AI data center suppliers including Nvidia, AMD, and Broadcom have indicated an interest in purchasing up to $5 billion worth of the common stock offered.

Powered by

Ask News18

About the Author

Saurabh VermaDeputy News Editor

Saurabh Verma is a Deputy News Editor at News18.com, specialising in Indian politics and breaking global news. With years of experience tracking election strategies, he decodes domestic issues for mil…Read More

Read More