Meta expects to raise over 31 billion euros in shares

Meta plans to raise $35 billion to fund AI development, as disclosed in SEC documents. Additionally, the company intends to launch a new stock issuance program worth up to $60 billion. This marks Meta's first capital increase since its IPO in 2012. Nvidia, AMD, and Broadcom have shown interest in acquiring up to $5 billion of the new shares. Meta aims to raise hundreds of billions over several years for AI investments, with projected capital expenditures for data centers reaching $135 billion to $145 billion by 2026.