AIWall Street Journalabout 2 hours ago
Meta creates new shares for AI funding
3 min read
Meta announced a new class of non-voting shares to fund AI initiatives, with trading set to begin in January 2027. The company reported Q3 revenue of $64.6bn and forecasts full-year capital expenditures up to $145bn. This move preserves founder control while addressing significant investment needs for infrastructure and acquisitions.
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