Meta announces $95 billion funding plan to support AI and core business

Meta has announced a major funding plan worth up to $95 billion, aimed at supporting its core business and emerging artificial intelligence initiatives. The funding includes $22.5 billion in Class A common stock, $12.5 billion in mandatory convertible preferred stock, and up to $60 billion in potential Class C common stock. NVIDIA, AMD, and Broadcom have expressed interest in purchasing up to $50 billion in Meta's Class A common stock. The company highlighted that its investments in AI have already yielded tangible returns through increased user engagement, improved ad performance, and enhanced profitability. Meta expects capital expenditures of $1.35 to $1.45 trillion in 2026, and plans to fund its AI initiatives through a balanced mix of operational cash flow, investment-grade debt, strategic partnerships, and equity capital. The funding plan is part of Meta's broader strategy to sustain growth in both its core operations and AI development. The company emphasized its commitment to leveraging these funds to drive innovation and maintain its competitive edge in the rapidly evolving tech landscape.