Meta to issue a new non-voting class of shares to fund AI initiatives, potential acquisitions, and employee compensation, with trading starting in 2027.
Read the original at www.theverge.com→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...
Original headline: "Meta to create a new class of shares to fund AI push"
Coverage timeline
- Oct 21, 21:30 UTC The Verge AI lead source Meta to create a new class of shares to fund AI push