Anthropic to commit 5% stake to new 'public benefit fund'
AI lab Anthropic, the developer of Claude, said on Sunday it will commit 5% of its shares to a new public benefit fund so it has increased flexibility and scale to make donations for the “public good”. The proposed fund would be established as a wholly owned...
AI lab Anthropic, the developer of Claude, said on Sunday it will commit 5% of its shares to a new public benefit fund so it has increased flexibility and scale to make donations for the “public good”. The proposed fund would be established as a wholly owned limited liability company and would receive an additional 2% of Anthropic’s shares, at the board’s discretion, for every 50% increase in the company’s value abo...