Anthropic commits 5% of its shares to a new Public Benefit Fund

Anthropic is setting up the Anthropic Public Benefit Fund, an LLC that would receive 5% of its shares (subject to stockholder approval), plus 2% more for every 50% rise in value above a baseline, to fund AI safety, biomedical research and work on AI's labor market impacts. With founder pledges and employee donations, about 20% of Anthropic's shares would go to public benefit.