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Anthropic earmarks 5% of shares for a new public benefit fund, with a mechanism that grows the stake as the company does

The AI company's new wholly-owned LLC could eventually hold a larger share of Anthropic's equity, adding to prior co-founder and employee pledges that bring the total committed to public good to roughly 20%.

Key points

  • Anthropic is committing 5% of its shares to a new Anthropic Public Benefit Fund, subject to stockholder approval.
  • An additional 2% of shares may be added at the board's discretion for every 50% increase in company value above a set baseline.
  • The fund is structured as a wholly-owned LLC, not a 501(c)(3), to preserve flexibility in how it distributes assets.
6 sources 5 web 92% confidence

Source highlights

TechCrunchPrimaryAnthropic says it’s committing 5% of its shares to a ‘public benefit fund’80%
anthropic.comWeb contextInvesting in the public benefit \ Anthropic—72%
investing.comWeb contextAnthropic to commit 5% stake to new public benefit fund By Reuters—80%
businessinsider.comWeb contextAnthropic Commits Billions to a 'Public Benefit Fund' - Business Insider—64%
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