Meta Plans New Stock Class to Fund Aggressive AI Expansion

22 Oct 2026, 4:15 am · 20h ago · 1 min read · TechCrunch AI

Meta is preparing a new stock strategy to finance its massive capital expenditure on artificial intelligence infrastructure, models, and services. The social media giant plans to create a new class of shares to fund its sweeping AI expansion while managing financial flexibility and existing shareholder structures. Meta has been aggressively deploying billions of dollars into high-performance computing hardware, data centers, and advanced generative AI research to power open-source Llama models and user-facing applications. The novel corporate financing structure highlights the immense capital required to sustain long-term frontier AI infrastructure buildouts.