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Meta to create a new class of shares to fund AI push

Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027. "The scale of inve…

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Timeline · 3 reports

  1. 2026-10-22 05:48 · Bloomberg AI
    Meta Gains on Results, New Stock Class to Fund AI
  2. 2026-10-22 00:32 · Wall Street Journal Technology
    Meta Will Split Stock, Create New Class to Fund AI Spending
  3. 2026-10-21 21:30 · The Verge AI
    Meta to create a new class of shares to fund AI push

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