TechCrunch · AI· Anthony Ha·· 16d ago
Anthropic commits 5% of shares to new public benefit fund
Original source: TechCrunch · AIRead original
AI brief
Anthropic announced the creation of a public benefit fund, committing 5% of its shares with the option to add 2% more for every 50% increase in company value. The initiative aims to support societal good projects, with potential uses including large donations to nonprofits or direct distributions to populations. Anthropic has already committed $200 million to study the impact of AI on the job market.
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Anthropic commits 5% of shares to public benefit fundLatest: Anthropic discloses AI existential risks and customer concentration in S-1 filing · 9d ago
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Source: TechCrunch · AI · techcrunch.com
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