AI firm Anthropic to commit 5% of shares to fund for 'public good'
Anthropic says it will commit 5% of its shares — worth around $48bn at its May valuation of $965bn — to a fund for the 'public good', subject to shareholder approval, and add a further 2% of stock for every 50% increase in its value above an undisclosed baseline. The fund could make large donations to traditional nonprofits or direct distributions to specific populations. The move comes as the company prepares for a stock market listing amid public concern about AI's impact on workers and society.
SOURCES
- Hacker News (AI)2026-10-19 11:31
- Anthropic2026-10-18 18:07