❌

Reading view

Anthropic commits billions to a 'public benefit fund'

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

  •  

Postpone AI public offerings until US Congress acts

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.

  •  

AI’s apparent danger is its best selling point

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

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.

  •  
❌