AI & Enterprise
Anthropic to create public benefit fund with 5 percent stake, adds more as valuation rises
Anthropic plans to allocate 5 percent of its equity to a public-interest fund, subject to shareholder approval. The fund will be set up as a separate entity wholly owned by Anthropic and could receive an additional 2 percent stake each time the company’s valuation rises 50 percent. Anthropic said the fund could be used for large donations to traditional nonprofits or direct support for specific groups.