Meta plans up to $95 billion in stock sales for AI buildout
October 30 reporting did not add new facts about Meta’s equity offering or Nvidia’s reported $3 billion commitment.
Meta still plans stock sales of up to $95 billion for AI infrastructure, with Nvidia reported to invest $3 billion.
Meta plans to sell new stock to raise as much as $95 billion for its AI infrastructure buildout, according to The Information and a company announcement. About $22.5 billion would come from Class A stock, $12.5 billion from depositary shares, and $60 billion from later open-market Class C sales, likely no earlier than the first quarter of 2027. Nonvoting Class C shares would avoid diluting Mark Zuckerberg’s control. The Wall Street Journal reports Nvidia is investing $3 billion, and the companies will expand work on Meta’s Muse product using more Nvidia Vera Rubin systems and Vera CPUs. The Decoder’s October 26 account said Nvidia, AMD and Broadcom had nonbinding interest in buying up to $5 billion; CNBC later described AMD and Broadcom’s combined interest as nonbinding and up to $5 billion.
- Class A sales about $22.5 billion; depositary shares about $12.5 billion.
- Open-market Class C sales of $60 billion likely no earlier than Q1 2027.
- Preferred shares convert to common stock in August 2029 unless converted earlier.
- Zuckerberg-controlled entities hold most Class B shares, with ten votes each.
- WSJ reports Nvidia’s commitment at $3 billion, tied to Muse and Vera Rubin.
- CNBC: AMD and Broadcom’s combined interest is nonbinding and up to $5 billion.
What each outlet adds
beyond the shared facts- The DecoderBreaks down Class A, depositary and Class C amounts and voting structure.
- The DecoderAdds WSJ’s $3 billion Nvidia figure, Muse and Vera Rubin plans, and the CNBC wording.
Coverage
oldest first · one row per article · UTCMeta plans up to $95 billion in stock sales to fund AI buildout
About $22.5 billion would come from Class A stock, $12.5 billion from depositary shares, and $60 billion from later Class C sales.
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