AI firm Anthropic to commit 5% of shares to fund for ‘public good’

Summary

Anthropic, the developer of the Claude chatbot, has said it will commit 5% of its shares to a fund for the "public good". The shares were worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. The company will also add 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline.

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