Anthropic commits billions to a 'public benefit fund'
Anthropic said it wants to create a new charitable LLC with the company's stock as its sole asset.
TL;DR
- Anthropic is setting up a separate LLC called the "Anthropic Public Benefit Fund" to support public interest initiatives.
- The fund will use Anthropic shares for donations to nonprofits or direct distributions to specific populations.
- An initial 5% stake in Anthropic, valued at around $48 billion, is planned for the fund, pending stockholder approval.
- This initiative mirrors a similar move by OpenAI in 2025, which established a nonprofit foundation with a multibillion-dollar stake.