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Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’
Anthropic announced today that it’s creating a “public benefit fund” that will give the company “increased flexibility and scale” to support projects for societal good.
AI Summary
Anthropic announced the creation of a “public benefit fund” designed to give the company greater flexibility and scale for projects that benefit society. The fund will be a wholly‑owned entity within Anthropic and will receive an initial commitment of 5% of the company’s shares. Anthropic also stated that it may add an extra 2% of shares for every 50% increase in the company’s value. The move is intended to support societal‑good initiatives while aligning with the company’s growth trajectory.
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