AI firm Anthropic to commit 5% of shares to fund for ‘public good’
Source:
guardianTech
October 19, 2026 · 03:47
From the publisher
The $48bn giveaway by company, which is preparing to list on stock market, comes amid concerns about the techAnthropic has said it will commit 5% of its shares to a fund for the “public good”, as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing.The company announced that it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. It will add a further 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline. Continue reading...
The original article opens on the publisher's website.
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