From RuntimeWire · RuntimeWire · · 40s
Anthropic Proposes Public-Benefit Fund
Anthropic to allocate 5% shares to public-benefit fund.
In brief
Anthropic to allocate 5% shares to public-benefit fund. Anthropic will put 5% of its shares into a public-benefit fund after stockholder approval. Originally reported by RuntimeWire.
Anthropic Proposes Public-Benefit Fund
Anthropic is tying a potential public-benefit allocation to company value, turning a mission claim into an ownership proposal.
Siblings Build AI Company
Dario Amodei and Daniela Amodei, the siblings who built Anthropic around AI research and safety, are proposing to dedicate part of Anthropic's ownership to public-benefit work.
5% Share Allocation
In an announcement on October 18th, Anthropic said 5% of its shares would go to a new, wholly owned LLC, subject to stockholder approval.
What it means
Anthropic will put 5% of its shares into a public-benefit fund after stockholder approval.
