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Social media giant meta platforms will raise up to $30 billion in its biggest bond offering ever, it said in a filing on thursday, as big tech rushes to fund the costly expansion of artificial. Major tech firms are collectively spending billions on ai development. (the other $30 billion prints, from magallanes and abbvie, also backed m&a.)

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Meta platforms (meta, financials) said it will raise as much as $30 billion in a record bond offeringas it ramps up spending on artificial intelligence and computing infrastructure. The company anticipates higher capital expenditures next year due to these ai ambitions Now, meta is selling $30 billion in bonds to build out its infrastructure estate and support its ambition in ai markets

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The social media giant — owner of facebook, whatsapp and instagram — launched the bond sale in an sec filing last night with the help of banks citigroup and morgan stanley. Sold $30 billion of bonds, drawing $125 billion in orders, on a day when its shares dropped as much as 14% after it posted quarterly earnings The company plans to spend. The $30 billion capital infusion is expected to fuel meta’s relentless pursuit of ai dominance, from algorithmic innovation to massive data center expansion—the physical backbone of the company’s digital empire.

Meta) is nearing a $30 billion financing deal for its hyperion data center in richland parish, louisiana, which would be the largest private capital raise on record,. The move comes as meta signals that its capital expenditure in 2026 will be notably larger than next year, underscoring how aggressively it is investing to stay ahead in the ai race This significant funding aims to support meta's extensive investments in artificial intelligence infrastructure