ðŸ‡ðŸ‡° English, 26 October 2026, AI infrastructure
Meta planning to raise US$95bn to fund AI buildout
Meta plans to raise up to US$95 billion in its largest-ever equity fundraising to fund its costly AI infrastructure expansion.
Meta has been pouring money into chips and data centres to compete better with OpenAI and Anthropic.
The company’s fundraising plan has also drawn interest of up to US$5 billion in total from Nvidia, Advanced Micro Devices and Broadcom.
Meta’s AI infrastructure expansion is part of a shift among big technology companies increasingly tapping debt markets and raising equity to bolster their AI infrastructure.