October 22, 2026

News, minutes after it breaks

Latest

Home  / Technology

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

Image: The Verge

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 investment required to compete, sustain growth, expand infrastructure, […]

The Verge reported this story. Read the full report on theverge.com →

This is a short summary. The Verge wrote and published the full report.

Continue on theverge.com →

More in Technology

Leave a Reply

Your email address will not be published. Required fields are marked *