Meta to Issue Non-Voting Stock to Fuel AI Ambitions

Chief Financial Officer Susan Li stated that the new shares will be distributed to existing shareholders via a stock dividend. This maneuver grants the company greater flexibility to fund its expanding AI portfolio, which currently faces significant rising costs. While Meta reported a strong $64 billion in revenue—a 26% year-over-year increase—its expenses surged by 68%, driven heavily by infrastructure development and the ongoing losses within the Reality Labs division.

Meta’s pivot toward AI is already yielding measurable engagement. CEO Mark Zuckerberg noted that over 10 million users in the U.S. and Canada configured Muse personal agents within six weeks of launch. The company is now shifting from initial product development to a scaling phase, aiming to reach a global audience of billions. Despite this momentum, the firm remains wary of mounting regulatory headwinds, particularly regarding youth safety, which executives acknowledge could pose material risks to future financial results.