From Anthropic · · 50s
Anthropic pledges public benefit fund
Anthropic commits 5% shares to public benefit fund, with more to follow as company grows.
In brief
Anthropic commits 5% shares to public benefit fund, with more to follow as company grows. Anthropic will dedicate 20% of its shares to public good through a new fund that grows with company value. Originally reported by Anthropic.
New public benefit fund
Anthropic commits 5% of shares today to public benefit fund, with additional 2% added for every 50% increase in company value.
Public benefit activities
Anthropic uses company resources for ai safety research, biomedical work, and discounts for nonprofits and scientific institutions.
Labor market impact
Anthropic has committed $200 million to study ai's labor market effects, with fund enabling bolder approaches as ai advances.
Equity donation program
Co-founders pledged 80% of equity, employees can match pledges, totaling roughly 20% of shares for public good.
The takeaway
Anthropic will dedicate 20% of its shares to public good through a new fund that grows with company value.
