Anthropic says it will commit 5% of shares to ‘public benefit’ fund

Anthropic has pledged to commit 5 percent of its shares to a new fund dedicated to the public good, with plans to increase the contribution as the artificial intelligence giant’s market value grows. The creator of the AI assistant Claude announced the new “Anthropic Public Benefit Fund” on Sunday as tech firms face intense scrutiny over the potential dangers posed by the frontier technology. In a blog post, Anthropic said it was committing 5 percent of company shares with immediate effect, subject to stockholder approval, with an additional 2 percent to be added “at the board’s discretion” for every 50 percent increase in the company’s value.