Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’

Anthropic announced the creation of a "public benefit fund" to support projects for societal good. The company will commit 5% of its shares to this fund, with the option to add another 2% for every 50% increase in its value. This fund, structured as a wholly owned entity, aims to provide increased flexibility and scale for initiatives like large donations to nonprofits or direct distributions to specific populations. Further details on its structure and governance will be shared later.

This report details Anthropic's unique commitment of 5% of its shares to a public benefit fund, unlike other AI companies that typically establish separate foundations.