ðŸ‡ðŸ‡° English, 26 October 2026, data centers
Meta plans to raise up to US$95 billion in equity to fund AI-related expansion of data centres
Meta shares closed down 1.9 percent after the announcement
Meta plans to raise up to US$95 billion in equity to fund its AI-related expansion of data centres, cloud computing power and other infrastructure.
The AI trade has come under pressure this month amid concerns that debt-funded spending may become harder to justify in the face of climbing borrowing costs.
The Anthropic filing helped buoy sentiment, however, as neo-cloud firms, including CoreWeave, erased earlier declines.