Menlo Park:US tech giant Meta Platforms has announced a substantial financing plan aimed at expanding its artificial intelligence infrastructure and developing personal superintelligence. The plan is valued at approximately USD95 billion (PHP6.077 trillion).

According to Philippines News agency, the financing plan includes USD35 billion in concurrent underwritten public offerings, which were launched on Monday, alongside a future USD60 billion at-the-market equity program. The USD35 billion public offerings consist of USD22.5 billion in Class A common stock under forward sale agreements and USD12.5 billion in series A depositary shares representing mandatory convertible preferred stock.

Meta intends to initiate the USD60 billion at-the-market equity program in the first quarter of 2027, following the commencement of trading of its previously announced Class C common stock. Additionally, the company plans to grant underwriters a 30-day option to purchase up to an additional 37.5 million depositary shares and USD3.375 billion in additional Class A common stock.

Several chipmakers, including Nvidia, Advanced Micro Devices, and Broadcom, have shown non-binding interest in becoming cornerstone investors by purchasing up to an aggregate of USD5 billion of the Class A common stock offering. Meta plans to utilize the net proceeds from these offerings for general corporate purposes as it seeks to expand its computing capacity and data center infrastructure.

Meta projects capital expenditures of USD135 billion to USD145 billion in 2026 and anticipates nearly doubling its total infrastructure capacity this year. Currently, Meta owns data centers in 23 US states and is constructing four superclusters, each with more than one gigawatt of capacity.

In the financial realm, Meta reported a 26 percent increase in revenue for the third quarter of 2026, reaching USD64.6 billion, with net income at USD9.9 billion. The company generated USD97 billion in operating cash flow during the first three quarters of 2026 and held approximately USD82 billion in cash, cash equivalents, and marketable securities as of the end of September.

Meta's platforms continue to see widespread daily use, with 3.64 billion people engaging with at least one of its apps, including Facebook, Instagram, Messenger, and WhatsApp. The company's Muse platform has also onboarded over 10 million users in the US and Canada.