Markets

Meta plans $95bn stock offering to help cover AI expansion

Mesa mundial de Times News (2026-10-26): Mark Zuckerberg’s Meta has announced plans for a $95bn (£71bn) fundraising to cover its AI expenditure, even as Elon Musk warned that funding for smaller… Fuente primaria: original en Guardian Markets (theguardian.com).

October 26, 2026 11:05 AM GMT · Guardian Markets

Meta plans $95bn stock offering to help cover AI expansion

Mark Zuckerberg’s Meta has announced plans for a $95bn (£71bn) fundraising to cover its AI expenditure, even as Elon Musk warned that funding for smaller players in the sector was drying up.

The owner of Facebook, Instagram and WhatsApp is a leading investor in AI and is ploughing multibillion-dollar sums into datacentres, the central nervous systems of the technology.