Summary
Anthropic, an artificial intelligence company, has said it will give 5% of its shares to a new fund that supports public good projects. This share will increase as the company's value grows, and the fund will focus on helping with issues like job changes caused by AI.Key Facts
- Anthropic is an AI company that created the assistant Claude.
- The company will set aside 5% of its shares to the “Anthropic Public Benefit Fund.”
- The share percentage can increase by 2% for every 50% rise in the company's value.
- The fund will support nonprofits and groups affected by AI, such as workers needing new jobs.
- Anthropic has already committed $200 million to study AI's impact on jobs.
- The fund will not be used for political lobbying or donations.
- Anthropic is a public benefit corporation registered in Delaware.
- The company plans to go public on the US stock market before the end of 2026, possibly valued over $2 trillion.
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