原帖引用 · AI 翻译
Meta 向美国证券交易委员会提交了公告，称计划通过新股融资 950 亿美元，以资助 AI 数据中心及其超级智能计划。
首批 350 亿美元将来自承销发行的 225 亿美元普通股和 125 亿美元强制可转换优先股，随后还将推出规模为 600 亿美元的随行就市发行计划。
向 Meta 销售这笔资金将购买的芯片的英伟达、AMD 和博通表示，有意认购最多 50 亿美元的股份。
此次融资之际，Meta 的 2026 年资本支出预测升至 1350 亿至 1450 亿美元，自由现金流转为负值，尽管其前 3 个季度的经营现金流为 970 亿美元，现金和证券约为 820 亿美元。
Meta 表示，这笔资金将支持 4 个容量均超过 1 吉瓦的超级集群、其 Muse 智能体和一项数据中心业务，同时还将配合债务融资和合作伙伴融资。
原文
Meta filed the announcement with the SEC that it plans to raise $95B in new equity to fund AI data centers and its superintelligence push. The first $35B comes from underwritten offerings of $22.5B in common stock and $12.5B in mandatory convertible preferred shares, with a $60B at-the-market program to follow. Nvidia, AMD and Broadcom, which sell Meta the chips this money will buy, indicated interest in taking up to $5B of the shares. The raise comes as Meta’s 2026 capex forecast rose to $135B to $145B while free cash flow turned negative, despite $97B of operating cash flow in the first 3 quarters and about $82B in cash and securities. Meta says the money supports 4 superclusters above 1 gigawatt each, its Muse agent and a data center business, alongside debt and partnership financing.