Meta wants to pay for its broad AI buildout with a newly created class of stock
Reports#AI News••3 min read

Meta wants to pay for its broad AI buildout with a newly created class of stock

brief

The social press giant is planning a new stock plan to help power its broad spend in AI models and services.

Key points
  • • Meta wants to pay for its broad AI buildout with a newly created class of stock | TechCrunch, :, :, :, Buy One Founder Summit Ticket, Get a Second for Free.
  • • The firm said in its earnings report that it expects the division's losses to shrink from its 2025 levels to from $18 B and $19 B.
  • • At its Meta Connect event this year, the firm announced a new line of cute and cuddly avatars for AI assistant, Meta Muse, in a push to make its AI services more relatable (and also meme-able ).

Source: TechCrunch AI. This is an hands-free extract of an article posted by another outlet, not Zebeh's own reporting. Read the original for the full story and context.

Read the original on TechCrunch AI
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