Meta creates non-voting shares to fund AI after Zuckerberg wouldn't back a sale cutting his votes
Meta's filing says Zuckerberg wouldn't back a share sale that cut his votes, and AI needs the money anyway.
AI business news: funding and earnings
Funding, share structures, earnings and the deals behind the models, newest first.
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SpaceX's AI business grew 830% in a year and made a $431 million operating profit
Most of it came from renting out compute, and SpaceX spent $16.4 billion building more in the same quarter.
Meta starts an enterprise AI unit and hires MongoDB's CEO to run it
Zuckerberg hired MongoDB's CEO to sell Meta's models to companies, and Muse now plugs into QuickBooks and Shopify.
September 2026
AMD is buying Fei-Fei Li's World Labs for $8.2 billion, and Li will report to Su
Lisa Su was one of World Labs' first investors, and now its founder will report to her.
