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Anthropic commits shares to a new Public Benefit Fund
- Who
- Anthropic
- What
- commits a portion of its shares to the Anthropic Public Benefit Fund, starting with 5% of its shares
What happened
Anthropic is committing a portion of its shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. The fund will start with 5% of Anthropic’s shares. The post begins describing a provision tied to every 50% increase in the company’s value over a set baseline, but ends before explaining it.
The story so far
Anthropic said it is committing shares to the newly created Anthropic Public Benefit Fund, which will start with 5% of the company’s shares. Anthropic described the fund as a wholly owned entity dedicated entirely to the public benefit.
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