Kiripto
NewsCrypto prices
Back to all news ←
Crypto

Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control

Meta will hand shareholders a free non-voting share for every share they own in January, giving it a way to raise equity for AI spending without diluting Zuckerberg's 60.6% vote.

Share this story
WATGX
Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control
Image: Decrypt

Story summary

Meta will hand shareholders a free non-voting share for every share they own in January, giving it a way to raise equity for AI spending without diluting Zuckerberg's 60.6% vote.

Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.

Read at source