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moves money Analytics India Mag October 19, 2026

Anthropic to Set Aside 5% Stock for New Public Benefit Fund

Anthropic to Set Aside 5% Stock for New Public Benefit Fund
AI Summary

Anthropic plans to commit 5% of its shares to a new public benefit fund, as the AI company seeks to direct a portion of its growth towards addressing the broader societal impact of artificial intelligence. The proposed Anthropic Public Benefit Fund could support large donations to nonprofits and direct distributions to specific populations. The commitment is subject to stockholder approval, with the company also considering additional equity contributions as its valuation rises.

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