← All news

Artificial Intelligence

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

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.

Read the full story on The Verge.

Read at source (opens in a new tab)

Latest from The Verge