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.