Business2 sources

Anthropic to Fund Public Benefit Initiatives with 5% of Shares

  • Anthropic commits 5% of its shares to a new public benefit fund.
  • The fund, to be established as an LLC, aims to address AI job disruption.
  • The LLC will receive larger stakes as Anthropic grows.
  • The initial 5% stock funding is subject to stockholder approval.
  • The fund will provide flexibility in how the money is used for public-interest initiatives.