Anthropic Announces 'Public Benefit Fund', Committing 5% of Its Shares
"Anthropic says it's committing 5% of its shares to a 'public benefit fund'," reports TechCrunch, "structured as a wholly-owned entity within the company — with the option to contribute an additional 2% for every 50% increase in Anthropic's value." Important context from CNBC: The timing of Anthropic's public fund announcement is both mandatory to prepare for an initial public offering, and "beneficial from an image perspective," especially as AI reshapes the jobs market, Lise Buyer, partner