Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027

Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 The company, which reported record revenue of $64.2 billion for the third quarter, said the new stock won't…

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Timeline · 3 reports

1. 2026-10-21 21:33 · Wall Street Journal Technology
   Meta Will Split Stock, Create New Class to Fund AI Spending
2. 2026-10-21 21:30 · The Verge AI
   Meta to create a new class of shares to fund AI push
3. 2026-10-21 20:20 · Techmeme
   Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027