BBC World·· 12d ago
Anthropic pledges 5% of shares to public good fund ahead of potential $1 trillion IPO
Original source: BBC WorldRead original
AI brief
Anthropic announced it will commit 5% of its shares to a Public Benefit Fund for donations supporting the public good, focusing on AI's impact on the jobs market. The move comes as the AI company prepares for a potential stock market listing that could value it at over $1 trillion. Technology billionaire Elon Musk responded by recommending that shares be given directly to the public. Research by the International Monetary Fund suggests nearly 40% of global jobs could be affected by AI.
Source: BBC World · bbc.co.uk