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Meta said it will issue a new class of non-voting shares to fund its AI initiatives, potential acquisitions, and employee compensation, with trading scheduled to begin in 2027. The announcement accompanied Q3 results and comments from CFO Susan Li and comes as Meta ramps AI spending (it forecasts $135–$145 billion in capital expenditures this year) and rolls out products like the Muse agent and Muse Wonder model.
Meta introduced two new large models, Muse Wonder and Muse Wonder Full, available to Muse Code subscribers immediately, with Muse Wonder also accessible via the Meta Model API. Meta says internal benchmark testing shows the models can compete with leading offerings from OpenAI and Anthropic and plans to eventually power its Muse AI agent with Wonder for subscribers, though it gave no firm timeline.
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