Meta Plans to Raise Up to $125.8 Trillion for AI and Cloud Computing Infrastructure

Meta plans to raise up to $125.8 trillion for AI and cloud computing infrastructure expansion. The company has already started a common stock and convertible preferred stock offering procedure for $43.3 trillion. Additionally, Meta plans to sell $79.5 trillion worth of market-priced stocks after the introduction of new C-grade stock trading in January 2027.

Meta has been increasing its spending on data centers, computing power, and AI products to compete with its AI leading rivals, OpenAI and Anthropic. The company has been holding a significant amount of cash, cash equivalents, and marketable securities, totaling $109.2 trillion, as of September 30.

Meta has adjusted its capital expenditure forecast for the current quarter, increasing it to $135-145 billion, up from $130-145 billion previously. The company reported a net cash outflow of $212 million in the third quarter, marking the first time in 10 years that Meta has recorded a negative free cash flow.