Meta has announced a spending plan of over $825 billion in the future, aiming to compete with OpenAI and Anthropic. This decision is due to increasing competition in the demand for AI services and infrastructure. The board of directors of Meta has approved the proposal to raise up to $95 billion in equity, with the intention of financing its data center expansion, cloud computing power, and other infrastructural impacts.

Meta has publicly offered loans worth around $35 billion in common stock and convertible preferred shares. It has also declared that it is preparing to issue another loan of up to $60 billion after the initial public offering of its new non-voting shares, which is expected to take place in the first quarter of 2027. Meta has invested heavily in data centers, computing capacity, and AI products to compete with rivals OpenAI and Anthropic.

Its resources have exceeded $82.45 billion, including its debts of $80.92 billion as of September 30. Companies such as Nvidia, Advanced Micro Devices, and Broadcom have expressed interest in acquiring up to $5 billion of Meta's Class A common stock in this offer. Last year, Meta had released a spending plan of over $135-145 billion, but has raised the lower part of its spending plan, now expecting capitalization expenses between $135 and $145 billion in the current year, previously it was expected to be $130-145 billion.

In the third quarter, Meta spent $2.12 billion in cash, marking its first negative cash flow since more than ten years, compared to a positive cash flow of $10.63 billion a year before. It has released a third-quarter income of $64.6 billion, above analysts' estimates of $63.37 billion. It also plans to release an income between $73 and $76 billion in the fourth quarter.