OFFICIAL SOURCE · AI-ASSISTED BRIEF
Anthropic commits shares to new Public Benefit Fund
Source publication · YYSI publication
Anthropic says it is committing a portion of its shares to the Anthropic Public Benefit Fund, a new wholly owned LLC. Subject to stockholder approval, 5% of shares will be committed now, with an additional 2% at the board's discretion for every 50% increase in company value above a set baseline. Anthropic says roughly 20% of shares will be dedicated to the public good when combined with prior pledges.
Source & context
www.anthropic.com · Read the original announcement ↗
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