Anthropic says it will contribute 5% of shares to a "public interest fund"

Anthropic announced the establishment of a "public interest fund," pledging to contribute 5% of the company's shares, with the fund being a wholly owned entity of the company. Each time Anthropic's valuation grows by 50%, it may choose to contribute an additional 2% of shares, and the funds can be used for large donations to traditional nonprofit organizations or direct distributions to specific populations. Anthropic has pledged 200 million USD to study AI's impact on the job market, and says it will publish information on the fund's structure and governance in the coming months.