tarasovcode
Models1 min readThe Verge AI

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 …

Save
Share:VKTelegramWhatsApp
Meta to create a new class of shares to fund AI push
Illustration: Tarasov Code

In brief

  • What: Meta to create a new class of shares to fund AI push
  • When: October 22, 2026 at 00:30
  • Source: The Verge AI (media)
  • Topic: Models

#Meta#Models

Prepared by Ilya Tarasov’s Tarasov Code newsroom based on a report by The Verge AI.

Read next

Ars Technica AI · October 20, 2026Meta drops the word "train" from its commercial TOS after AI backlashThe Verge AI · October 20, 2026Meta pauses Muse sharing after researchers find AI chats on the webArs Technica AI · October 20, 2026Meta tries to scapegoat staff who downloaded torrents to spare execsTechCrunch AI · October 20, 2026Meta’s Muse hits 10M U.S. downloads in 40 days, a milestone reached by only 11 other apps