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- Oct 1909:15
Anthropic Creates Public Benefit Fund, Plans 5% Equity Commitment; About One in Five Shares for Public Good
The commitment is in equity rather than cash, and the fund's stake grows automatically as the company's valuation rises; together with the existing founder and employee pledges, about one in five of the company's shares will serve the public good.
- 02:56
Anthropic to Commit 5% of Shares to New Public Benefit Fund
Anthropic says that combined with existing founder and employee pledges, roughly one in five of its shares now serves the public good; the fund's stake grows automatically as the company's value rises, and the commitment is in equity, not cash.