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Technology · 3 hours ago

Anthropic Pledges 5% of Its Shares to Public Benefit Fund

Anthropic Pledges 5% of Its Shares to Public Benefit Fund

Photo: TechCrunch (CC BY 2.0)

AI firm Anthropic says it will put 5% of its shares into a Public Benefit Fund that could support nonprofits and efforts to tackle AI's impact on jobs, with another 2% possible. The Claude developer said none of the fund's shares would be used for lobbying or political donations. It comes as Anthropic prepares a possible stock market listing that could value it above $1tn.

Reported by BBC News · How we write briefs

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