Meta to issue a new share class to fund its AI push
The non-voting stock, also for acquisitions and pay, is set to trade in 2027 as 2026 capex rises to $135–145 billion.
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What must happen for AI’s trillion-dollar gamble to pay off
Hyperscalers need 2.7x productivity gains by 2030 to justify nearly $1.1 trillion in AI data center spending, or risk bankruptcy and capital misallocation.
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