Anthropic Puts 5 Percent of Itself Into a Public Benefit Fund That Grows With Its Value
Anthropic announced on Sunday that it will commit 5 percent of its shares to a new Anthropic Public Benefit Fund, subject to stockholder approval, with the stake designed to grow as the company does. At the board's discretion, an additional 2 percent can be added for every 50 percent increase in the company's value above a set baseline. It is an unusual move in an industry where, as Anthropic itself put it, escalating equity awards usually go to executives. Here, that equity is being routed to the public benefit instead.
