Meta plans to raise up to $95 billion through a stock sale to fund its AI initiatives

Meta Platforms plans to raise up to $95 billion through the sale of common and preferred stock, counting on investor support in the race for leadership in AI development, according to Bloomberg. Following this news, the company’s pre-market shares in New York jumped 1.9%.

According to a statement released on Monday, Meta will issue approximately $35 billion in common and preferred stock. In addition, it plans to raise up to $60 billion through an at-the-market (ATM) program, which allows the company to periodically sell shares on the open market. Under this program, investors will be offered Class C shares without voting rights—the company announced their issuance last week.

Over the past year and a half, Mark Zuckerberg has made the development of artificial intelligence one of Meta’s top priorities. In September, the company unveiled Muse—a personal AI assistant capable of performing users’ everyday tasks. The app quickly rose to the top of the mobile app charts, and Meta’s stock rebounded from its August low, ending the month with its best performance in 13 years.

The tech giant continues to ramp up its investments in AI development: when it released its latest quarterly report, it raised the lower end of its capital expenditure forecast for 2026 by $5 billion: Meta now expects to spend $135–145 billion instead of the previously projected $130–145 billion.

This news story is being updated.

This article was AI-translated and verified by a human editor