Meta plans 95bn stock offering to help cover AI expansion

Shares in Meta rose in early trading on the news. However, other companies in the AI sector found themselves under further pressure on Monday. Shares in Meta rose in early trading on the news. However, other companies in the AI sector found themselves under further pressure on Monday. Mon 26 Oct 2026 09.37 EDTLast modified on Mon 26 Oct 2026 12.41 EDT 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.