Urgent.News

What's breaking now, across thousands of outlets.

AI

Anthropic seeks 50.1% voting control for cofounders ahead of IPO

The new arrangement, which emulates a founder-control structure at Palantir, would award the co-founders a special class of shares giving them collective voting control in most corporate matters, and would apply as long as three of the seven co-founders retain a minimum number of shares in the company, according to the report.

Anthropic seeks 50.1% voting control for cofounders ahead of IPO

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at economictimes.indiatimes.com →

More in AI

More from Friday 25 September →