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Read the original: Anthropic NewsroomOfficial· Pick63/100AI score63/100

Anthropic commits shares to a new public benefit fund that grows with company value

Original titleInvesting in the public benefit

AISummary

Anthropic is committing 5% of its shares to the newly established Anthropic Public Benefit Fund, subject to stockholder approval. The Fund's stake rises by an additional 2% at the board's discretion for every 50% increase in company value above a set baseline.

The Fund is structured as a wholly-owned LLC and will not use its equity for lobbying or political giving.

Anthropic says roughly 20% of its shares will be dedicated to the public good once combined with prior co-founder pledges and its employee equity donation match program.

AIWhy it matters

The announcement sets out a new fund structure and an equity-linked giving mechanism, showing how Anthropic plans to direct shareholder value to public goods like labor market impacts.

Read the original anthropic.com

Source: Anthropic Newsroom · anthropic.comPublished · added here