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“Meta” creates a new class of shares to fund its massive expansion in artificial intelligence

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“Meta” creates a new class of shares to fund its massive expansion in artificial intelligence
CH23
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CH23: Meta is moving to create a new class of shares without voting rights, in a move aimed at providing additional funding sources for its rapid expansion in artificial intelligence, while preserving the current control structure of its founders and major shareholders. The newspaper “Semafor” reported on Wednesday,…

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

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