Skip to main content
Explore our network
All sites

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

Meta to create a new class of shares to fund AI pushPhoto: 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 inves

Read full article at The Verge →

Originally published by The Verge. Summary and curation by DutyStation News.

📰 Related Stories

Tesla profits drop 43% in Q3
📰 General

Tesla profits drop 43% in Q3

Ars Technica32m ago
📰 General

TechCrunch Founder Summit 2026: Everything you need to know

TechCrunch51m ago
📰 General

Meta says Muse has over 10M users, with shopping a top activity

TechCrunch53m ago
📰 General

CoreWeave’s market confidence erodes as bond yields spike and stock sinks

CNBC55m ago
Someone made a Walkman music player for the Galaxy Z Fold 8, and it works with YouTube Music
📰 General

Someone made a Walkman music player for the Galaxy Z Fold 8, and it works with YouTube Music

9to5Google1h ago
📰 General

Southwest Airlines cuts 2026 profit forecast on higher fuel

CNBC1h ago
← Back to News