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Anthropic prepares supervoting power for founders ahead of IPO, The Information reports

Anthropic prepares supervoting power for founders ahead of IPO, The Information reports

Anthropic is set to grant CEO Dario Amodei and co-founders extra voting rights ahead of its potential IPO, according to The Information. This is unprecedented for the company's leadership. While the founders hold a modest ownership stake compared to other tech firms' founders, Anthropic is also maintaining its existing board of directors trustees with a special class of stock.

The precise details of these voting arrangements remain undisclosed and may still evolve. No comment has been provided by Anthropic at this time. The governance changes are part of Anthropic's strategy to fortify its governance structure in anticipation of a highly anticipated IPO, potentially the largest in history, which could occur as early as late September.

Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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