Meta Raises $35 Billion to Expand AI Infrastructure
2026-10-26 19:02:50
According to CoinMeta, Meta announced a financing round of $35 billion through the issuance of shares to support the construction of its AI infrastructure, which includes $22.5 billion in common stock and $12.5 billion in convertible preferred stock. NVIDIA, AMD, and Broadcom expressed their intention to jointly invest up to $5 billion. Meta plans for capital expenditures of $135 billion to $145 billion in 2026 and intends to conduct another $60 billion in share sales in 2027. The main risks include the continuously rising AI financing needs and potential dilution of shareholders.
Source:X
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