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The Verge — AI

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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…

The Verge — AIBy: Emma RothOctober 21, 2026 (9 hours ago)
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AI Summary & Key Takeaways

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

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