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The Marked Chart Wire · Business

Meta

Meta to sell nonvoting stock for AI spending

Meta intends to launch a new class of nonvoting equity to finance artificial intelligence projects. This move preserves Mark Zuckerberg's voting power while raising capital ahead of Wednesday's earnings report.

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Meta AI

Meta buys Sundial to boost internal data tools

Meta confirmed the purchase of Sundial, a firm specializing in conversational data insights. Key founders are joining to head the company's new analytics and agent unit.

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