Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund Mark Zuckerberg’s vast ambitions in AI, following the launch of Google’s record $85bn share deal this week.
Executives at the social media company have been exploring “creative” ways to raise cash as it prepares to sharply boost its AI-related capital expenditures to as much as $145bn this year and even higher in 2027, according to three people familiar with the plans.
After the success of Google parent Alphabet’s equity raising this week, which was increased by $5bn after strong investor demand, the discussions have intensified, the people said.
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