Meta to Raise $95B for AI Push

Key Takeaways

• Meta plans to raise up to $95 billion through stock and preferred share sales to fund AI infrastructure, including $35 billion in public offerings and up to $60 billion via an at-the-market program starting in early 2027.
• Nvidia, AMD, and Broadcom have expressed interest in purchasing up to $5 billion in Meta shares each.
• Meta's annual capital spending is now forecast between $135 billion and $145 billion, with Goldman Sachs estimating about $480 billion across fiscal years 2027 and 2028.
• US investment-grade corporate bond sales are on track to reach $1.76 trillion in 2026, an all-time record driven by AI-related borrowing from megacap tech firms.
• CoreWeave's rising credit default swap prices signal growing concern about the sustainability of AI-linked corporate debt.
• Baidu released Unlimited OCR 2, a 3.34B parameter open-source model that scored first on MarathonDocBench with 77.1 and runs on a single CUDA GPU.
• Foxit added local AI processing to its PDF editor and reader at no extra cost, enabling offline document handling and improved data security.
• Microsoft Gaming leader Asha Sharma is cutting about 3,200 jobs while planning a handheld Xbox device for 2027 and a flagship console around 2028 priced between $1,200 and $1,800.
• Meta's $25 billion stock offering was oversubscribed five times, with shares priced at $625 each and long-term investors receiving about 70 percent of the allocation.
• UBS downgraded HubSpot to neutral, cutting its 2027 revenue growth forecast to 13% from 14.5% due to uneven small-business demand and competition.

Meta plans $95 billion stock sales to fund AI expansion

Meta Platforms plans to raise up to $95 billion through stock sales to fund its growing artificial intelligence infrastructure. The plan includes about $35 billion in public offerings and up to $60 billion in a separate share-sale program. The money will support data centers and hardware for advanced AI models. Nvidia, AMD, and Broadcom have expressed interest in buying up to $5 billion in shares. The company aims to keep Mark Zuckerberg's voting control while funding its AI race.

Meta plans $95 billion raise for artificial intelligence expansion

Meta announced plans to raise $95 billion to invest in artificial intelligence infrastructure and advanced AI technologies. The company will first offer about $35 billion in a public share offering, then raise roughly $60 billion through an at-the-market program starting in early 2027. Meta's stock fell 1.6% after the announcement. The company now expects annual capital spending between $135 billion and $145 billion. Nvidia, AMD, and Broadcom have shown interest in purchasing up to $5 billion in shares.

Meta's $25 billion stock offering oversubscribed five times

Meta's expanded $25 billion common stock offering drew five times the available demand, easing concerns about funding massive AI investments. The shares priced at $625 each, a 2.7% discount, with long-term investors receiving about 70 percent of the allocation. Combined with the $60 billion ATM program, total fundraising could reach roughly $98 billion. Nvidia, AMD, and Broadcom may participate by purchasing up to $5 billion in shares. Goldman Sachs estimates Meta's capital spending will total about $480 billion across fiscal years 2027 and 2028.

Meta plans $95 billion raise for AI infrastructure

Meta Platforms plans to raise up to $95 billion through stock and preferred stock sales to pay for AI computing and what it calls personal superintelligence. The plan includes about $35 billion from an underwritten offering and roughly $60 billion from an at-the-market program expected to begin in early 2027. Meta's 2026 capital expenditure forecast is between $135 billion and $145 billion. The company will sell about $22.5 billion in Class A common stock and $12.5 billion in preferred depositary shares. Existing shareholders will face dilution from the new shares.

AI drives corporate bond sales to all-time record

US investment-grade corporate bond sales were on track to reach $1.76 trillion in 2026, an annual record driven by AI-related borrowing. Megacap technology companies led the surge, with about $1.7 trillion in bonds sold by late October. SpaceX was seeking to raise up to $20 billion in debt, while Bank of America and others lined up $63 billion for a Broadcom purchase vehicle. CoreWeave's rising credit default swap prices raised warning signs about AI-linked debt. The iShares iBoxx investment grade bond ETF traded at $104.02 with a yield of 4.85 percent.

AI Drives Corporate Bond Sales to Record High

US investment-grade corporate bond sales are on track to reach $1.76 trillion, surpassing the 2020 pandemic record of $1.75 trillion. AI hardware borrowing is the main driver behind the surge. Companies like SpaceX, NVIDIA, Broadcom, and Meta Platforms are issuing massive amounts of debt. Credit concerns are rising as CoreWeave's swap spreads signal potential trouble in AI-linked bonds. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) is under pressure from heavy supply.

Baidu Releases Unlimited OCR 2 for Long Documents

Baidu open-sourced Unlimited OCR 2, a 3.34B parameter vision-language model that can parse documents of hundreds of pages in one request. It uses a technique called SR-SWA sparse attention to keep processing cost nearly flat as documents grow. The model scored first place on MarathonDocBench with 77.1 overall, far ahead of competitors. Weights are available under the MIT license on GitHub. It runs on a single CUDA GPU and was tested on an NVIDIA A800-80GB.

Shure Named Leading AI Hardware Supplier by IDC

Shure was ranked as a leading supplier of AI-enabled hardware in a report by IDC analyst firm. The company provides high-quality speech capture used in AI-powered transcription, speaker attribution, and meeting summaries. Shure's audio technology is used in healthcare, finance, and education to improve AI accuracy. The company has expanded well beyond its original audio heritage through innovation and quality.

Foxit Adds Local AI to PDF Editor and Reader

Foxit announced that it has added local AI processing to its PDF editor and reader applications. The new feature allows documents to be processed directly on the device, enabling offline use without internet connectivity. Sensitive data stays on the device, reducing the risk of data breaches and cyber attacks. The feature is available at no extra cost to existing users. It is designed for security-conscious enterprises that need strong data protection.

Big Technology Guide Covers Enterprise AI Progress

Enterprise AI is advancing rapidly with new capabilities across many areas. AI models can now complete long-running tasks and automate core business processes. They can solve complex math problems useful in accounting, finance, and business intelligence. Voice AI can now handle phone calls, while visual AI produces website and product mockups in seconds. AI agents are bringing smarter personalized interactions with businesses closer to reality.

AI sector rotation favors low-beta stocks over high-beta tech

Meta Platforms is increasing AI spending and plans up to $95 billion in equity issuance, turning free cash flow negative. High-beta AI and neocloud stocks face risks from rising rates and shareholder dilution. CoreWeave and similar firms struggle with unsustainable debt and negative cash flow. Analyst expects SCHD and low-beta stocks to outperform in coming months.

Xbox leader Asha Sharma reshapes gaming with AI and new hardware

Asha Sharma took over Microsoft Gaming in February 2026 and is cutting about 3,200 jobs while betting on AI and new devices. She launched Xbox Labs to test AI tools that speed up development and improve accessibility. Project Helix plans include a handheld in 2027 and a flagship console around 2028, with projected costs of $1,200 to $1,800. Sharma aims to return Xbox to growth in players and revenue by June 2027 and says Xbox is not for sale.

Korean AI mapping startup Neer raises seed funding

Neer is a Korean AI mapping startup that raised a seed round to turn creator recommendations into store sales. The company uses AI to map restaurant and travel suggestions so users can find new places. Neer lets users create and share customized maps with personalized recommendations. The funding will help expand its team and build new features.

UBS downgrades HubSpot amid demand and AI revenue concerns

UBS downgraded HubSpot to neutral from buy, citing uneven small-business demand and competition. The bank cut its 2027 revenue growth forecast to 13% from 14.5% and raised its price target to $310. HubSpot is shifting to consumption-based pricing, which partners say may pressure sales initially. Shares fell 3.7% after the downgrade.

Sources

• Meta Plans Up to $95 Billion in Stock Sales to Fund AI Expansion
• Meta Plans to Raise $95 Billion to Fund Artificial Intelligence Expansion
• Meta’s $25 Billion Stock Offering 5x Oversubscribed, Easing Investor Concerns Over AI Investment
• Meta $95B AI Raise: Stock, Preferred, ATM [2026]
• AI Is Pushing Corporate Bond Sales to an All-Time Record
• AI Is Pushing Corporate Bond Sales to an All-Time Record
• Baidu Open-Sources Unlimited OCR 2 for Hundred-Page Document Parsing
• Shure ranked a leading supplier of AI-enabled hardware
• Foxit Brings Local AI to PDF Editor and Reader for Security-Conscious Enterprises
• The Big Technology Guide To: Enterprise AI
• The Great AI Rotation: Why Low-Beta Stocks Are Winning Again
• Xbox Under Asha Sharma: Layoffs, AI Bets and a New Hardware Roadmap
• Dealroom.co | Korean AI mapping startup neer raises seed round to turn creator picks into store sales
• HubSpot downgraded by UBS as demand and AI monetization remain uncertain