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Meta seeks to raise up to $95 billion to keep funding its AI race

TechnologyInternationalEL PAÍS45 s readAI summary
Image: EL PAÍS

Meta confirmed it will seek to raise up to $95 billion through a $35 billion capital increase, the issuance of new Class A shares worth $22.5 billion, the placement of $12.5 billion in depositary shares and the gradual sale of a new class of non-voting stock, Class C shares, from which it expects to obtain up to $60 billion. The company will allocate the funds to artificial intelligence and forecasts capital spending of between $135 billion and $145 billion for 2026.

In 45 seconds

  • Meta seeks up to $95 billion through a $35 billion capital increase, $22.5 billion in new Class A shares and $12.5 billion in depositary shares.
  • The new Class C stock, without voting rights and expected to list in January, will be sold gradually to raise up to $60 billion while preserving Zuckerberg's control with 60.6% of votes.
  • For 2026 Meta estimates capital spending of between $135 billion and $145 billion on data centers, chips and computing capacity.
Read the full story at EL PAÍS

IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.

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