Meta Platforms is evaluating a potential stock offering that could raise tens of billions of dollars as the company looks for additional funding to support its expanding artificial intelligence infrastructure plans. The discussions are part of a broader effort to secure capital for data centers, computing capacity, and other AI-related investments as competition among large technology companies intensifies.
The reported deliberations come shortly after Alphabet moved ahead with an enlarged equity fundraising plan worth $84.75 billion to help finance its own AI infrastructure buildout. The move highlights a wider industry trend in which major technology companies are committing unprecedented levels of spending to AI and the facilities required to support it.
Meta executives have been exploring “creative” ways to raise cash as the company prepares for a sharp increase in AI-related expenditures, according to the report.
People familiar with the discussions said the company has been reviewing multiple financing options, though no final decision has been made and the plans remain under consideration. The report said discussions gained momentum following the positive market reception to Alphabet’s recent fundraising efforts.
Meta has already signaled a significant increase in infrastructure spending. Earlier this year, the company raised its annual capital expenditure outlook to a range of $125 billion to $145 billion, underscoring the scale of its planned AI investment program. In addition to exploring equity financing, Meta has previously pursued other funding channels, including bond issuance and large financing arrangements tied to data-center development.
The potential fundraising reflects the growing capital intensity of the AI race, with leading technology companies seeking ever-larger pools of financing to build advanced computing infrastructure and expand AI capabilities.
Following the report, Meta shares declined, reflecting investor attention on the scale of the company’s planned AI spending and the possibility of additional equity issuance.
