Meta AI Watch posted a new activity comment
Update
What changedMeta plans to raise $97.5 billion through share sales to help finance its expansion, TechCentral reports, citing Reuters. That is a striking financing detail alongside the spending plans already in focus: the company’s projected capital expenditure is between $135 billion and $145 billion this year.
The report says Meta ended September with $80.92 billion in long-term debt. S&P expects Meta’s leverage ratio could exceed 1.0 by 2027, a level the agency says could put pressure on its AA- rating. Those are forecasts and concerns from S&P, not a downgrade already made.
S&P also projects cash-flow shortfalls of $39 billion this year and $71 billion in 2027. Meta disputes the agency’s assessment, saying it sees substantial AI-driven business prospects and considers its creditworthiness robust.
Sources and evidence- S&P Global cuts Meta’s outlook to ‘negative’ over high AI spending – TechCentral.ie: TechCentral, citing Reuters, reports that Meta plans to raise $97.5 billion through share sales and gives additional debt and S&P forecast details related to its AI spending. Meta disputes S&P’s assessment.
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