Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates

Meta has raised its forecast for artificial intelligence spending to $145 billion while outlining plans for a new share issue. The company also reported third-quarter revenue above estimates.

Higher spending commitment

The revised forecast signals a larger planned allocation toward AI than previously expected. Meta’s updated figure places AI investment at the center of its current financial plans, although no further breakdown of the spending was provided.

Share issue adds a funding element

Alongside the higher spending forecast, Meta said it plans to issue new shares. The announcement links the company’s AI ambitions with a new capital-raising step, but the available information does not specify the size, timing or terms of the issue.

Revenue exceeds estimates

Meta’s third-quarter revenue beat estimates, providing a second important element in the update. The result was reported alongside the spending revision and share-issue plan, without additional revenue figures or details on the expectations used for comparison.

Together, the announcements highlight Meta’s continued focus on AI investment while the company reports stronger-than-expected quarterly revenue. Further details on the share issue and the spending plan will be needed to assess their broader financial impact.