
Meta to create a new class of shares to fund AI push
Meta is issuing a new class of non-voting shares starting in 2027 to fund its AI initiatives, potential acquisitions, and employee compensation.

Meta is issuing a new class of non-voting shares starting in 2027 to fund its AI initiatives, potential acquisitions, and employee compensation.
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AI News — Oct 23, 2026 🔘 Anthropic donates Agent Skills to the Linux Foundation's AAIF — 70+ platforms including ChatGPT already implement it 🔘 MiniMax releases M3.1 Flash weights — 428B MoE, open, cheap enough to actually host- OpenAI + Google Cloud — Codex and frontier models now purchasable through Model Garden 🔘 Meta creates non-voting Class C shares — effective Jan 19, 2027, to fund AI buildout and acquisitions 🔘 Amazon Polly adds 14 voices across nine locales, Hindi and Finnish generative for the first time The Agent Skills donation is the quiet one to watch — Anthropic just handed its skill format to a foundation, which is the fastest way to make a proprietary spec the industry's default. Meanwhile Meta's Class C is a balance-sheet tell: they're pre-funding a multi-year AI capex run without touching voting control. 💰 #AI #Anthropic #AISafety #AGI #ArtificialIntelligence #CNN #TechNews
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