Anthropic pledges 5% of its shares to a new public benefit fund
Anthropic will place 5% of its equity in a new wholly owned Anthropic Public Benefit Fund, pending stockholder approval. The board can add 2% for each 50% rise in value over a set baseline. The fund cannot be used for lobbying or political giving.
Anthropic will place 5% of its equity in a new wholly owned Anthropic Public Benefit Fund, pending stockholder approval. The board can add 2% for each 50% rise in value over a set baseline. The fund cannot be used for lobbying or political giving. (Anthropic; TechCrunch)
Anthropic says that, combined with its founders' and employees' equity commitments, roughly 20% of its shares will go to public-benefit purposes. (Anthropic)