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AI: Anthropic to put five percent of its shares into common good funds

The Claude developer wants to support employees with the consequences of artificial intelligence and promote non-profit projects. The shareholders still have to approve the plans.

Translated from German Read in German

AI: Anthropic to put five percent of its shares into common good funds

Anthropic, a US-based AI company, plans to allocate 5% of its shares to a new public benefit fund, which could increase as the company's valuation grows. The fund, called the Anthropic Public Benefit Fund, will support donations to non-profit organizations, direct payments to certain population groups, and measures to mitigate the impact of AI on workers.

The fund's resources cannot be used for lobbying or political donations. A total of around 20% of Anthropic's shares are now earmarked for public purposes. The fund will be established as a wholly-owned subsidiary.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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