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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.

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.

Read the full story at decrypt.co: https://decrypt.co/381640/meta-non-voting-stock-fund-ai-buildout-zuckerberg-control

Source: decrypt.co

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