Anthropic commits 5% of its shares to a ‘public benefit’ fund
The AI start-up has faced growing public backlash due to concerns surrounding safety and the economy.
Anthropic, a US AI start-up valued at $965 billion, plans to allocate 5% of its shares to a new Public Benefit Fund. The fund, worth around $48 billion, aims to address public concerns around AI safety and economic impact. Anthropic's founders have pledged to donate 80% of their shares, and the company will also allow employees to donate part of their shares to charity. The move comes amid growing public unease over AI's potential risks, including job displacement and loss of control.
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