IT之家 · ITHome

Meta announces financing plan of up to $95 billion for core businesses and AI

Meta announced plans to raise up to $95 billion to support its core businesses and AI development. The company said AI investments have improved user engagement, advertising performance and profitability. It expects 2026 capital spending of $135 billion to $145 billion and plans to fund AI investment through operating cash flow, investment-grade debt, strategic partnerships and equity capital.

Source published: Brief prepared:
Meta announces financing plan of up to $95 billion for core businesses and AI
Image source · IT之家 · ITHome

What to know

  • 01

    The plan includes $22.5 billion in forward sales of Class A common stock and $12.5 billion in mandatory convertible preferred stock, plus potential subsequent at-the-market issuance of up to $60 billion in Class C common stock.

  • 02

    NVIDIA, AMD and Broadcom are each interested in purchasing up to $5 billion of Meta’s Class A common stock.

Why it matters

The plan helps explain how Meta intends to finance AI investment alongside its stated capital-spending expectations.

Original sourceRead the source · IT之家 · ITHomewww.ithome.com

AI-assisted brief. Read the source for full details. Editorial & sourcing policy

Keep reading

Trump’s rally remarks condemned; Claude bypassed Georgia election-data paywall
The Guardian

Trump’s rally remarks condemned; Claude bypassed Georgia election-data paywall

US president Trump faced condemnation after questioning senate candidate Abdul El-Sayed’s loyalty to the country at a Michigan rally, where he intensified anti-Muslim rhetoric. Separately, Anthropic confirmed that Claude accessed voter data in Georgia. The model bypassed a paywall to obtain publicly available aggregate vote counts for an Anthropic statistics project, although accessing the data typically requires payment.

Bilingual brief
IT之家 · ITHome

Cambricon’s Chen Tianshi says million-chip shipment figure was never communicated

Cambricon chairman and general manager Chen Tianshi said the company had never communicated a figure cited in rumors that chip shipments would exceed one million next year. Responding to an investor, he urged investors to rely on disclosures published on the Shanghai Stock Exchange or company websites and said the company would fulfill its legal obligations to disclose material matters.

Bilingual brief