New Delhi, Oct. 27 -- Meta Platforms, the parent company of Facebook, Instagram, and Facebook, on Monday said it plans to raise up to $95 billion in its largest-ever equity fundraising, as ‌it continues with its aggressive AI infrastructure expansion. According to Meta, it will initially raise $35 billion in underwritten public equity offerings, before raising an additional $60 billion with an at-the-market program.

The company will launch the larger share sale program after its new non-voting Class C ​shares begin trading, which is expected in the first quarter of 2027, but said it has not yet finalized its timing and ​terms of the sale, a Reuters report said.

According to Meta, the planned investments will support "e...