Meta Plans Up to $95 Billion Share Raise to Fund AI Push

Overview

• The program is split into roughly $35 billion of new ordinary and preferred offerings plus up to $60 billion of Class C non‑voting shares sold through an open‑market program.
• Meta says the money will pay for large AI models, data centers and the specialized chips and staff needed to run them.
• Reports say chipmakers Nvidia, AMD and Broadcom are set to act as anchor buyers that could take up to $5 billion of the new stock.
• Meta unveiled an AI personal agent called Muse and a model named Muse Wonder, which company executives say match leading models on tasks such as programming.
• Investors reacted with modest gains in Meta shares and mixed moves in cloud infrastructure firms, and the raise highlights how costly large‑scale AI is and could shift supplier and regulatory risks to those tied to semiconductor and data‑center supply chains.