Meta is exploring a stock offering to raise tens of billions of dollars for artificial intelligence infrastructure. These funds would finance the data centers and specialized servers necessary to compete in the AI market. The discussions gained momentum following a successful equity raise by rival Alphabet.
The company increased its 2026 capital expenditure forecast to a range of $125 billion to $145 billion. Meta attributed this spending surge to the escalating costs of its AI initiatives.
The Financial Times reports that the potential fundraising plans are currently in the early stages. Meta's stock price declined following the report.