# Meta Raises Spending Outlook and Plans New Class of Stock in AI Push

https://mins.news/en/item/110258

- Bloomberg News, 2026-10-21 22:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-10-21/meta-boosts-bet-on-ai-with-new-spending-outlook-stock-offering?link_source=ta_bluesky_link&taid=6ad93d0275a7df0001b142f6

> Meta Platforms raised its capital spending outlook and announced plans for a new class of nonvoting stock, intensifying its already enormous bet on artificial intelligence.

## Related coverage

- [Tesla cuts capex guidance; Meta lifts AI spending outlook and announces new stock class](https://mins.news/en/video/110663) — Bloomberg Television, 2026-10-22
- [Meta plans new class of stock to fund broad AI buildout](https://mins.news/en/item/111443) — TechCrunch, 2026-10-21
- [Meta to issue new class of shares as it raises lower end of AI spending forecast](https://mins.news/en/item/110097) — Reuters, 2026-10-21
