Meta plans $95 billion stock offering for AI infrastructure

Meta announced plans to raise $95 billion through a stock offering to finance its AI infrastructure expansion and work toward artificial general intelligence. The capital raise represents a significant financial commitment to the company's AI strategy and reflects broader industry investment in AI compute and model development.

The funding will support Meta's ongoing build-out of data centers and computational resources needed for training large AI models and powering its AI applications across its products and services.