Alphabet Raises $84.75B While Meta Explores Massive Stock Offering for AI Expansion

According to MarketWatch and the Financial Times, Alphabet announced an $84.75 billion capital raise this week to fund AI infrastructure investments, while Meta is evaluating a large-scale stock issuance to raise billions for its AI expansion plans. Meta's stock fell 5.5% on Friday, June 5, reflecting investor concerns over potential equity dilution.

UBS estimates global AI capital expenditures will expand from approximately $820 billion in 2026 to nearly $990 billion in 2027, with over 85% of spending concentrated among major tech firms. Major cloud service providers have raised $159 billion in debt so far this year, a record high, marking a significant shift from traditional cash flow and debt financing toward equity markets for unprecedented capital needs.