Anthropic pledges 5% of its shares to a public-interest fund
What happened
On 19 October 2026, Anthropic announced a public-interest fund to which it will contribute 5% of its shares. The fund is a wholly owned entity of the company, and the company may choose to add a further 2% each time its valuation rises by 50%. Initial ideas for the money include large donations to traditional non-profits or direct distributions to specific groups of people. The company has previously pledged $200 million to research AI's impact on the job market. Anthropic said it will publish information on the fund's structure and governance in the coming months.
Written by AI from the reports · updated 1 h ago
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- TechCrunch · AIAnthropic says it’s committing 5% of its shares to a ‘public benefit fund’
Anthropic said that it will commit 5% of its shares to the fund.
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