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Anthropic Commits 5% of Shares to New Public Benefit Fund

Anthropic Commits 5% of Shares to New Public Benefit Fund

MT newswireMT newswire2026/10/19 08:26
04:26 AM EDT, 10/19/2026 (MT Newswires) -- Anthropic has set aside 5% of its shares for a new public fund, with the stake growing as the company gains value, the AI firm said Sunday. The pledge needs shareholder approval, and each 50% jump in the company's value above a set baseline adds 2% more of the shares at the board's discretion, according to the Claude maker. The Anthropic Public Benefit Fund is a wholly owned limited liability company rather than any other format, letting it hand out money in different forms, and its equity will not be involved in lobbying or political giving. Anthropic has separately committed $200 million to studying how AI affects jobs, one area the fund could back with more ambitious spending, the company said.
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