Anthropic plans to commit 5% of its shares to a public benefit fund
The proposed allocation requires stockholder approval. Anthropic says the fund’s holding could increase as the company’s valuation grows alongside its proposed share commitment.
On 18 October, Reuters reported Anthropic’s plan to assign 5% of its equity to a new public benefit fund, pending stockholder approval.
Anthropic said the fund’s stake could increase as the artificial intelligence company’s valuation grows. The proposed commitment concerns shares in the company and requires its stockholders’ approval before it can take effect.