From The Next Web · Alina Maria Stan · · 50s
Anthropic Sets 5% Shares for Public Benefit Fund
Anthropic pledges 5% of shares to new public benefit fund for AI job impact research.
In brief
Anthropic pledges 5% of shares to new public benefit fund for AI job impact research. Anthropic commits 5% of its shares to a public benefit fund focused on AI job adaptation research. Originally reported by The Next Web.
Anthropic Announces Public Benefit Fund
Anthropic plans to place 5% of its shares in a new entity called the Anthropic Public Benefit Fund.
Fund Grows with Company Value
The fund’s stake increases by 2% of shares each time Anthropic’s value rises 50% above a set baseline.
Fund Uses for Nonprofits and Direct Aid
The fund will give large gifts to nonprofits and direct payments to specific groups of people.
AI Job Impact Research Focus
Anthropic has pledged $200m to AI economic impact research and may use the fund for larger efforts.
The essence
Anthropic commits 5% of its shares to a public benefit fund focused on AI job adaptation research.
