Meta has approved a new non-voting Class C stock class to fund its growing AI spending without diluting Mark Zuckerberg's voting control. The Delaware filing is set for October 21, with shares taking effect January 19, 2027, as a one-time stock dividend. The move also includes an eight-year commitment for Zuckerberg to remain a California resident, with the ability to sell 20% of his Class C shares freely — potentially helping cover a future California wealth tax. Meta's stock rose 1.5% in after-hours trading following the announcement.
Ken Griffin, founder of Citadel, warned that investors are almost certainly in an AI bubble. Speaking at Citadel's Future of Global Markets Conference on October 20, he compared GPU pricing to airline seats, noting that prices can collapse when supply outstrips demand. He cited the telecom boom around 2000 as a similar example, though he acknowledged that bubbles can sometimes produce market leaders that endure for decades.
On the education front, County College of Morris is accepting applications through November 2 for an AI and Data Science Apprenticeship. Students complete 30 credits of coursework and 2,000 hours of paid training to earn a certificate, with tuition covered for eligible students. Rockland Community College received a $3 million federal grant for a five-year AI initiative called AIM, beginning October 1, 2026, which will use AI tools to support students and train faculty to incorporate AI into teaching.
Cafe24 became the first South Korean commerce platform to integrate WebMCP into its shopping mall solution by default. The technology allows AI agents to perform 11 functions including product search, option checks, adding items to cart, and checkout navigation. The feature currently works in the ChatGPT desktop app browser, with Google and Microsoft participating in WebMCP standardization discussions at W3C. Separately, nonprofit evaluators METR and Redwood Review found vulnerabilities in an internal OpenAI monitoring system during a pilot review, though OpenAI said it has patched the issues affecting its production safeguards.
Liquid AI launched RIPL, a Real-time Inference Pipeline engine that returns complete generated responses in under 50 ms. It serves LFM2.5 models ranging from 230M to 2.6B parameters and claims p95 latency 5.6 to 28.4 times lower than Qwen3.5 on vLLM in some workloads. Shopify runs LFMs at sub-20 ms in production search. Meanwhile, Saudi Arabia's Humain expanded its Nvidia partnership to build 84MW of AI computing capacity with about 27,000 GPUs across two phases, with the first phase starting in Q4 2026. A weakening US job market could help support AI stocks amid Q4 2026 market struggles, while TSMC reported semiconductor revenue rising 51%.
Key Takeaways
- Meta approved a non-voting Class C stock class to fund AI spending while preserving Zuckerberg's voting control, effective January 19, 2027.
- Ken Griffin of Citadel says investors are almost certainly in an AI bubble, comparing GPU pricing to airline seats.
- Cafe24 became the first South Korean platform to adopt WebMCP for AI shopping, enabling 11 agent functions in ChatGPT's browser.
- METR and Redwood Review found vulnerabilities in an OpenAI internal monitoring system, which OpenAI has since patched.
- Liquid AI launched RIPL, a real-time inference engine returning responses in under 50 ms for models up to 2.6B parameters.
- Saudi Arabia's Humain expanded its Nvidia deal to build 84MW of AI computing capacity with roughly 27,000 GPUs across two phases.
- County College of Morris offers an AI apprenticeship with 30 credits and 2,000 hours of paid training, tuition-free for eligible students.
- Rockland Community College received a $3 million federal grant for a five-year AI initiative starting October 2026.
- AI stocks struggled in Q4 2026 amid macroeconomic pressures, but TSMC semiconductor revenue rose 51%.
- TraceForge improves AI training by generating reasoning traces, scoring 3.7 points higher on HumanEval+ and 7.1 points higher on MBPP+.
Meta creates non-voting Class C stock to fund AI spending
Meta approved a new non-voting Class C stock class on October 19. Shareholders approved it the next day, with a Delaware filing set for October 21. The shares will take effect January 19, 2027, as a one-time stock dividend. The move lets Meta raise cash for AI spending without diluting Mark Zuckerberg's voting power.
Meta's new Class C stock keeps Zuckerberg in California
Meta created a new non-voting share class tied to an agreement with Mark Zuckerberg. The deal includes an eight-year commitment for Zuckerberg to stay resident in California. He can sell 20% of his Class C shares freely, which could help pay a potential California wealth tax. The rest of the shares come with restrictions linked to voting shares.
Meta Creates New Share Class to Pave Way for AI-Related Fundraising
Meta Platforms announced a new class of non-voting shares alongside quarterly results. The Class C common stock is expected to take effect in January. The new share class will let Meta raise capital for AI investments while keeping Mark Zuckerberg's voting control intact. Meta's stock price rose 1.5% in after-hours trading after the announcement.
Applications Open for County College of Morris AI and Data Science Apprenticeship
County College of Morris is accepting applications through November 2 for its AI and Data Science Apprenticeship. Students complete 30 credits of coursework and 2,000 hours of paid training to earn a certificate. Tuition and fees are covered for eligible students. The program is one of only two in New Jersey registered by the US Department of Labor.
Rockland Community College Awarded $3 Million Federal Grant for AI Education
Rockland Community College received a $3 million federal grant for a five-year AI initiative called AIM. The program begins October 1, 2026 and runs through September 30, 2031. The college will use AI tools to support students and train faculty to incorporate AI into teaching. The funding comes through the federal Title III Strengthening Institutions Program.
Ken Griffin says AI is almost certainly in a bubble
Ken Griffin, founder of Citadel, said investors are almost certainly in an AI bubble. He spoke at Citadel's Future of Global Markets Conference in New York on Oct. 20. He compared GPUs to airline seats and said prices can collapse when supply outstrips demand. He pointed to the telecom boom around 2000 as a similar example. Still, he said bubbles can lead to market leaders that last for decades.
Cafe24 first Korean platform to adopt WebMCP for AI shopping
Cafe24 became the first South Korean commerce platform to build WebMCP into its shopping mall solution by default. The technology lets AI agents perform 11 functions, including product search, option checks, adding items to cart, and checkout navigation. Users must still log in and complete payment themselves. The feature currently works in the ChatGPT desktop app browser, with Chrome support requiring an extension. Google and Microsoft are also participating in WebMCP standardization discussions at W3C.
Evaluators find vulnerabilities in OpenAI monitoring system
Nonprofit evaluators METR and Redwood Review conducted a pilot review of an internal OpenAI monitoring system. The exercise tested what giving external researchers deep access to OpenAI infrastructure would look like. The evaluators found several vulnerabilities, including one that could let agents prevent hundreds of recent actions from being monitored. OpenAI said it has patched the vulnerabilities that affect its production safeguards.
Liquid AI launches RIPL real-time inference engine
Liquid AI launched RIPL, a Real-time Inference Pipeline engine for serving Liquid Foundation Models. RIPL returns complete generated responses in under 50 ms and claims latency holds at peak load. It serves LFM2.5 models ranging from 230M to 2.6B parameters. Liquid AI reported p95 latency 5.6 to 28.4 times lower than Qwen3.5 on vLLM in some workloads. Shopify runs LFMs at sub-20 ms in production search, and the engine is already in production use.
Class actions rise over algorithmic pricing by companies
Lawsuits are increasing against companies that use algorithms to set prices. Critics say this practice leads to higher prices for consumers. Several states, including California and Maryland, along with local governments, have passed laws targeting algorithmic pricing. The lawsuits reflect growing concern about how automated pricing tools affect everyday shoppers.
Weakening Jobs Report May Support AI Stocks Amid Market Struggles
AI stocks have struggled in Q4 2026 due to macroeconomic pressures and inflation. A weakening US job market could help support the AI boom by reducing pressure for interest rate hikes. Despite short-term losses, strong AI demand remains evident with semiconductor revenue rising 51% at TSMC.
TraceForge Generates Reasoning Traces to Improve AI Training
TraceForge is a new method that trains AI models by generating reasoning traces instead of using hidden teacher model outputs. The two-stage training process uses a generator and critic to create authentic reasoning in the student model's style. Tests on five benchmarks showed improvements of 3.7 points on HumanEval+ and 7.1 points on MBPP+. The generated reasoning traces scored 0.68 on authenticity, close to real traces at 0.66.
Saudi Arabia's Humain Expands Nvidia AI Computing Deal
Saudi Arabia's Humain has expanded its Nvidia partnership to build 84MW of AI computing capacity with about 27,000 GPUs across two phases. The first phase includes 14MW of Blackwell HGX B300 systems with 6,000 GPUs starting in Q4 2026. A further 70MW of Vera Rubin infrastructure is planned from mid-2027, with 50MW dedicated to an unidentified US client. Saudi Arabia competes with the UAE for AI investment in the region.
Sources
- Meta creates a non-voting Class C stock to fund its AI spending spree
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Meta Creates New Share Class to Pave Way for AI-Related Fundraising
- Applications Open for County College of Morris Artificial Intelligence and Data Science Apprenticeship
- Rockland Community College Awarded $3 Million Federal Grant To Expand Artificial Intelligence Education And Student Success
- Ken Griffin Says AI Is 'Almost Certainly' in a Bubble—And Compares GPUs to Airline Seats
- Cafe24 Becomes First South Korean Commerce Platform to Adopt WebMCP, Letting AI Handle Everything From Product Search to Cart
- Third-party evaluators find vulnerabilities in OpenAI monitoring system during test pilot
- Liquid AI Launches RIPL, a Real-Time Inference Engine for Sub-50 ms LFMs
- Class Actions Keep Coming Over Companies’ Use of Algorithms to Set Pricing
- Can a Weakening Jobs Report Slow Wall Street’s AI Slide? - Global X Artificial Intelligence & Technology ETF…
- TraceForge: Distilling with Your Own Thinking
- Saudi Arabia's Humain expands Nvidia deal with 84MW AI computing plan
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