Meta to issue new non-voting shares to fund AI initiatives and acquisitions

Meta announced it will issue a new class of non-voting shares to finance its AI projects, potential acquisitions, and employee compensation. This move was revealed as part of the company's third-quarter earnings report, with trading of the new shares expected to begin in 2027. The decision reflects Meta's strategy to support large-scale investments necessary for growth and infrastructure expansion.

Originally published by theverge