# Meta to issue non‑voting shares to fund AI spending

> Meta plans new non‑voting stock, likely to sell more shares to pay for AI talent, chips and acquisitions.

Oossa · 2026-10-21 · https://oossa.com/en/meta-to-issue-non-voting-shares-to-fund-ai-spending

Meta is preparing to create a class of non‑voting shares, people familiar with the plan said. The shares would let the company raise cash without cutting Mark Zuckerberg’s voting power. The move could be disclosed when Meta reports earnings on Wednesday, Oct. 21, 2026. The proceeds are expected to go toward AI hires, chip purchases and acquisitions. Alphabet used a similar structure in 2014 to fund its own AI investments.

## The facts

- Meta intends to issue non‑voting stock for AI funding.
- Announcement could come with the Oct. 21, 2026 earnings report.

## Why it matters

Investors may see more share dilution while the company retains founder control as it pours money into AI.

## Sources & references

1. [Meta plans nonvoting shares, eyeing more stock sales to fund its AI dreams](https://www.semafor.com/article/10/21/2026/meta-plans-nonvoting-shares-eyeing-more-stock-sales-to-fund-its-ai-dreams) – Semafor, 2026-10-21
2. [Meta wants to pay for its broad AI buildout with a newly created class of stock](https://techcrunch.com/2026/10/21/meta-wants-to-pay-for-its-broad-ai-buildout-with-a-newly-created-class-of-stock/) – TechCrunch, 2026-10-21
3. [Meta stock sinks 6% as AI spend pushes free cash flow negative](https://www.cnbc.com/2026/10/22/meta-stock-q3-earnings-free-cash-flow.html) – CNBC, 2026-10-22
4. [Meta's new class of nonvoting stock lets Zuckerberg fund AI without losing control](https://www.semafor.com/article/10/22/2026/metas-new-class-of-nonvoting-stock-lets-zuckerberg-fund-ai-without-losing-control) – Semafor, 2026-10-22
5. [Meta to create a new class of shares to fund AI push](https://www.theverge.com/tech/1015799/meta-shares-class-ai-q3-2026-earnings) – The Verge, 2026-10-21

Last updated: 2026-10-22