Chakkde // AI News

Anthropic commits 5% of its shares to a public benefit fund

Anthropic is committing 5% of its shares to a new Anthropic Public Benefit Fund, subject to stockholder approval, with up to 2% more at the board's discretion for every 50% rise in its value above an undisclosed baseline. Anthropic says the fund could support nonprofits, direct distributions or workers affected by AI, and that none of its equity will go to lobbying or political giving. The fund is a wholly owned LLC, not a 501(c)(3) charity.

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