Meta plans $95bn equity raise as AI funding fears hit neocloud stocks

Handelsblatt reports from Wall Street on Monday, 26 October that Meta plans to raise roughly $95bn: about $22.5bn in Class A shares, $12.5bn in preferred shares and around $60bn through a later at-the-market program of new non-voting Class C shares. According to the briefing, Meta expects AMD, Broadcom and Nvidia could each take up to $5bn of the Class A shares. The sum is well above the $40bn to $50bn discussed recently, which Handelsblatt reads as a sign that Meta is accelerating its AI plans. It could also signal a shift in AI financing from debt toward equity, easing pressure on the bond market but sharpening competition for investor money.