Anthropic proposes fund for 5% of its shares

Anthropic says it plans to commit 5% of its shares to a new Public Benefit Fund, subject to stockholder approval. The board could add another 2% for each 50% increase in the company’s value above a baseline that Anthropic has not yet disclosed. ^[1]

The company says the fund could support public-benefit efforts, including donations to nonprofits or direct aid to specific groups. Anthropic cited potential responses to AI’s effects on workers as one example, while noting it has already committed $200 million to studying and addressing labor-market impacts. ^[1]

Anthropic says the fund will be a wholly owned LLC and that its equity will not be used for lobbying or political giving. It plans to share more about the fund’s governance and valuation milestones in the coming months, so those details remain unresolved. ^[1]