Anthropic commits billions to a 'public benefit fund'
- Anthropic said it wants to create a new LLC with the company's stock as its sole asset.
- The new LLC, a charitable organization, would receive larger stakes as the company grows.
- An initial 5% stock funding is "subject to stockholder approval."
In a blog post, the AI colossus said it aims to establish a separate LLC that would use Anthropic shares to make donations to nonprofits or "direct distributions to specific populations."
The new LLC, called the "Anthropic Public Benefit Fund," would receive larger stakes as the company grows. The company said an initial funding round of 5% of Anthropic's shares is still subject to stockholder approval.
"The Anthropic Public Benefit Fund will have increased flexibility and scale, enabling us to pursue our mission in new ways," the company said.
A 5% stake in Anthropic is worth about $48 billion, according to the company's most recent valuation in May.
In 2025, rival frontier AI company OpenAI established a similar nonprofit foundation with a multibillion-dollar stake in the company to fund public-benefit initiatives.
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