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DevelopingBusiness

Anthropic commits 5% of its shares to a new Public Benefit Fund

Anthropic announced Oct. 18 a Public Benefit Fund, a wholly owned LLC, with 5% of company shares committed, subject to stockholder approval. The board may add 2% for every 50% rise in company value above a baseline it has not disclosed. Anthropic says earlier pledges bring the total near 20%. The LLC's equity cannot fund lobbying or political giving; governance details come in the coming months.

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