Article · AI translation
IT Home reported on October 19 that Anthropic announced on October 18 local time that, subject to shareholder approval, it plans to transfer 5% of its shares to a newly established Public Benefit Fund. As the AI giant’s valuation grows, the fund’s ownership stake could increase further in the future.
The proposed fund will be established as a wholly owned limited liability company. At the board’s discretion, the fund will receive an additional 2% of Anthropic’s shares each time the company’s valuation rises 50% above an undisclosed baseline.
The initiatives supported by the Anthropic Public Benefit Fund will include charitable donations, direct grants to specific groups, and measures to address AI’s impact on workers.
The company said that none of the equity held by the fund will be used for political lobbying or political donations in the United States or abroad.
Anthropic is planning one of the largest IPOs in history. The company will go public as a Public Benefit Corporation (PBC), a legal structure that requires management to consider broader public interests while pursuing commercial returns for investors.
IT Home noted that the company, which positions itself as safety-first, frequently emphasizes the risks associated with its AI models. Most recently, in its IPO prospectus, it said the models could exhibit “self-preservation behavior.”
Including the newly established fund, Anthropic will have earmarked approximately 20% of its shares for public purposes in total, excluding any additional shares that may be allocated when future valuation milestones are reached.
Anthropic said it will release more details in the coming months about the fund’s governance, organizational structure, and the valuation thresholds that could increase its ownership stake. The company also plans to publish a public benefit report detailing its progress toward fulfilling its mission.