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Anthropic commits billions to a 'public benefit fund'

18 October 2026 at 19:46
Co-founder and CEO of Anthropic Dario Amodei looks on as US Speaker of the House Mike Johnson speaks to the press after a meeting with technology executives about artificial intelligence at the White House in Washington, DC, on September 29, 2026. The gathering comes quickly after tech giant OpenAI's cancellation of the release of its newest model due to safety concerns, and a series of revelations that the technology had gone rogue. (Photo by Kent NISHIMURA / AFP via Getty Images)
Anthropic said on Sunday that it wants to create a new LLC to fund public-interest initiatives.

Kent NISHIMURA / AFP via Getty Images

  • 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," Anthropic said.

Anthropic said on Sunday that it would set aside large portions of its wealth to support initiatives it believes are in the public interest.

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.

Read the original article on Business Insider

Why I Developed Diversity Maths

18 October 2026 at 13:00

Companies love making grand diversity promises, but actuary Peter Crowley uses basic maths to expose eyebrow-raising targets that were never realistic in the first place.

The post Why I Developed Diversity Maths appeared first on The Daily Sceptic.

Postpone AI public offerings until US Congress acts

14 October 2026 at 05:37

Anthropic, the maker of the Claude AI models, is preparing what could be the largest initial public offering in history, raising more than $100 billion, according to The New York Times, at a valuation near US$2 trillion. According to Reuters, which reviewed the draft prospectus (the document has not yet been made public), the company […]

The post Postpone AI public offerings until US Congress acts appeared first on Asia Times.

Diversity Targets: Has Anyone Done the Maths?

10 October 2026 at 12:00

Britain’s biggest employers set bold diversity targets – but has anyone checked the maths? Actuary Peter Crowley runs the numbers and finds the arithmetic rather less accommodating than the slogans.

The post Diversity Targets: Has Anyone Done the Maths? appeared first on The Daily Sceptic.

Investigate How Arday Was Promoted as Cambridge “Success Story”, Say Dons

8 October 2026 at 13:36

University of Cambridge academics have demanded that the Jason Arday review considers the university's culpability in promoting him as "a success story" based on his race, disability and personal biography.

The post Investigate How Arday Was Promoted as Cambridge “Success Story”, Say Dons appeared first on The Daily Sceptic.

BBC Pays White Staff Less in Almost Every Pay Band

8 October 2026 at 11:00

The BBC pays white staff less on average than their ethnic minority colleagues in every pay band bar one, stoking concerns about the impact of the corporation's diversity drive.

The post BBC Pays White Staff Less in Almost Every Pay Band appeared first on The Daily Sceptic.

AI’s top leaders, like children afraid of a bully

4 October 2026 at 05:00

“This guy is a monster,” Donald Trump said in front of Sundar Pichai, Google’s chief executive. “And nobody knows him. What a great life! To be a monster and not have to go through this,” Trump continued, pointing at the reporters who follow him everywhere. Pichai stood beside him, waiting to speak with an expression of resigned disbelief. Before the exchange ended, Trump joked about his Indian name: “Sundarrrrr is his name.” When Pichai finally spoke, he tried to play it down: “Hopefully, that will be a better tagline than ‘I’m a monster,’” he said.

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© Alex Brandon (AP Photo/Alex Brandon)

President Donald Trump and Meta founder Mark Zuckerberg listen to Dario Amodei on the White House lawn this Tuesday.

It’s Time to Fix our Universities

3 October 2026 at 11:00

Anyone over the age of about 35 has no idea how far Western universities have fallen into the mire of DEI, collapsing standards and Left-wing monoculture, says Professor James Allan. It's time to sort them out.

The post It’s Time to Fix our Universities appeared first on The Daily Sceptic.

AI’s apparent danger is its best selling point

1 October 2026 at 09:56

Just weeks before its scheduled November IPO, Anthropic is facing growing attention over the potential dangers of its technology. The resignation of former Anthropic researcher Jacob Coxon on September 8, who wrote on X that AI could “kill us all by the end of the decade,” preceded the company’s threat report on September 10. According […]

The post AI’s apparent danger is its best selling point appeared first on Asia Times.

As US tech leaders call for rules on AI, China already has them

30 September 2026 at 00:44

Recent warnings from American AI leaders have created the impression that the world is only beginning to confront the dangers of advanced artificial intelligence. Dario Amodei, chief executive of tech company Anthropic, has called for governments to intervene to slow the development of increasingly powerful AI models. His proposal begins with independent evaluators embedded inside […]

The post As US tech leaders call for rules on AI, China already has them appeared first on Asia Times.

From Opus Dei alumni to McKinsey consultants: The clans that run Spain’s biggest companies

20 September 2026 at 05:00

An invisible web of connections links the executives and board members of Spain’s largest companies. Having spent time at certain elite consulting firms, business schools or government institutions opens more doors than any headhunter ever could. Former state attorneys sitting on the boards of major Spanish companies, ex-McKinsey executives running some of the financial sector’s most powerful firms, and alumni of leading business schools such as IESE and ICADE holding top positions in multinational companies all illustrate a network of influence, as subtle as it is enduring, that has been woven through Spain’s corporate elite.

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© Daniel Diosdado (EL PAÍS)

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