Core Insights - Meta Platforms is planning to invest heavily in artificial intelligence, which has led to a significant drop in its stock price, with shares down over 10% as of October 30 [1] - The company is looking to sell at least $25 billion in investment-grade bonds, potentially marking the largest U.S. corporate bond sale of the year, with orders reportedly reaching about $125 billion [2][3] Investment Strategy - Meta is considering issuing bonds in six parts, with maturities ranging from five to 40 years, and the 40-year bond expected to yield 110 basis points above benchmark Treasuries [3] - CEO Mark Zuckerberg emphasized a strong focus on building the Meta Superintelligence Lab, which is said to have the highest talent density in the industry [3][4] Financial Outlook - Meta's capital expenditures for 2025 are projected to be between $70 billion and $72 billion, following a $37.3 billion expenditure in 2024, primarily driven by AI investments [7] - Analysts at Mizuho have expressed skepticism regarding the effectiveness of Meta's spending on AI, suggesting that the company may not achieve the desired returns on investment [5][6]