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Meta Platforms said it intends to raise as much as $95 billion to support its large-scale investments in artificial-intelligence infrastructure, including efforts tied to what it calls personal superintelligence. The company did not detail the exact financing structure in the announcement.
Meta is launching roughly $35 billion in stock and convertible preferred securities this week, with a further $60 billion share-sale program planned once new nonvoting Class C shares begin trading in early 2027. The company says the fundraising will help finance its AI infrastructure expansion, including four superclusters each exceeding one gigawatt of capacity, as annual capital spending is now forecast at $135 billion to $145 billion. Nvidia, AMD and Broadcom have reportedly expressed interest in buying up to $5 billion of the shares combined.
A commentary piece by Armin Catovic revisits William Gibson's 2020 novel Agency, in which an AI assistant called Eunice converses with its user while covertly conducting unrelated tasks in the background. The author points to current products — OpenAI's Dots, Meta's Muse, GPT-Live and Block's Dessa — as evidence that real AI systems are now combining full-duplex conversation with autonomous, persistent background activity.
Meta's smart glasses listen continuously for the "Hey Meta" wake phrase when voice activation is on, and in the US users can no longer stop Meta from storing recordings of their AI voice interactions in the cloud. Users can manually delete these recordings or turn off "Hey Meta" entirely via the Meta AI app's preferences, though the touchpad still activates the assistant and microphones still work for calls and video.
Meta continues to pour significant capital into artificial intelligence development and infrastructure, according to a roundup of recent tech coverage. The same coverage also touches on a budget EV's road trip performance, Demis Hassabis's AI ambitions, and a review of an iPhone accessory.
Meta has quietly released a version of Instagram for Apple TV, following earlier launches on Fire TV, Samsung Smart TVs, and Google TV. MacRumors noticed the App Store listing was updated on October 23rd to include Apple TV compatibility, after earlier versions as recently as October 18th only listed iPad and iOS support.
Sleeping Giants Brasil and CTRL+Z filed new evidence with Brazil's Superior Electoral Court alleging Meta's Instagram and WhatsApp tools continue to favor Sen. Flávio Bolsonaro's campaign over President Lula's, despite a prior court order requiring equal treatment. The groups cite GIF searches, hashtag rankings and Meta AI responses that surfaced Bolsonaro imagery and linked Lula to derogatory content, and they asked Justice Marco Aurélio Bellizze to force fixes within 24 hours and enforce an existing R$500,000 daily fine.
Internal Meta messages reviewed by Folha de S Paulo show employees acknowledged that President Lula's Instagram accounts suffered negative effects from platform restrictions, while Senator Flavio Bolsonaro's profile and WhatsApp channel were algorithmically recommended. Meta told Reuters the issues were technical, already disclosed publicly, and denied any political bias, saying the internal discussion concerned severity of glitches, not favoritism.
U.S. markets wavered last week as fears about financing the AI buildout outweighed strong corporate earnings. Meta Platforms reported negative free cash flow for the first time since its 2012 IPO and flagged it may need hundreds of billions more in financing, triggering a Thursday sell-off that hit CoreWeave especially hard, down over 10% on the day and more than 10% for the week. The Dow still gained 0.4% for the week while the S&P 500 fell 0.5% and the Nasdaq slipped 0.7%.
Meta has postponed the rollout of its updated Commercial Terms and Self-Serve Ad Terms, originally set for October 30, to November 20. The company says the extra time will let it clarify to partners what is actually changing, after businesses objected to language permitting Meta's crawlers to collect and use content from business accounts' web domains.
Meta has released the Ray-Ban Meta Audio, a version of its smart glasses that strips out the camera found in earlier models. The glasses retain features like voice-activated AI assistance and turn-by-turn navigation through 'Hey Meta' voice commands, delivered via built-in speakers.
According to the Wall Street Journal, Meta's board of directors is in a standoff with CEO Mark Zuckerberg after he sought a large stock-heavy pay increase, with some directors reportedly threatening to resign if he does not relent. The dispute follows Meta posting negative free cash flow of $2.12 billion in the third quarter of 2026, its first such shortfall since 2012, amid heavy AI investment.