Meta plans a non-voting stock class to help fund its AI buildout
AIMeta plans to create a new class of non-voting capital stock, distributed to existing shareholders as a stock dividend, to fund AI investment while preserving voting control for Class A and B holders. CFO Susan Li said the shares can be used for capital raising, employee compensation, and acquisitions.
Loading source posts…
Source details
TechCrunch · AI · Lucas Ropek · techcrunch.comPublished · added here
Original title: Meta wants to pay for its broad AI buildout with a newly created class of stock