Wire reporting: (Reuters, via CNA)

Meta Platforms said Monday it plans to raise a total of $95 billion to support investments in AI infrastructure and superintelligence, according to CNBC¹.

CNBC reported that the company will first raise $35 billion in underwritten public equity offerings, then later seek an additional $60 billion through an at-the-market program¹.

CNA, carrying a Reuters report, said Meta launched public offerings of about $35 billion in common stock and convertible preferred stock².

That CNA account said Meta also plans a separate at-the-market share sale of up to $60 billion after new non-voting Class C shares begin trading, which it said is expected in the first quarter of 2027².

CNA said the fundraising comes as Meta increases spending on data centers, computing capacity and AI products, and named OpenAI and Anthropic as competitors².

CNA, citing Meta's latest quarterly filing, said the company had $82.45 billion in cash, cash equivalents and marketable securities as of Sept. 30, slightly above $80.92 billion in long-term debt².

The same CNA report said Meta has committed to spend about $825 billion in the future, mainly on data centers, AI-related infrastructure and cloud computing power².

A Reuters article with a $35 billion headline could not be read behind a login wall; a second CNBC URL extracted with the $95 billion plan^3,4.

What remains unclear from the accounts that could be read is the exact mix of common versus preferred stock in the first tranche, the pricing, and whether the $95 billion total is a hard cap or a planning figure^1,2.