TNW | Anthropic
Anthropic commits 5% of its shares to a new public benefit fund
The Anthropic Public Benefit Fund can gain 2% more of the Claude maker for every 50% rise in its value.
Via TNW | Anthropic
·Excerpt
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Anthropic plans to place 5% of its shares in a new entity called the Anthropic Public Benefit Fund. The AI company announced the plan on Sunday, but it still needs approval from Anthropic’s stockholders.
The fund’s stake is designed to grow with the company, Anthropic wrote in a blog post. The board can add a further 2% of shares each time Anthropic’s value rises by 50% above a set baseline. The company has not said what…
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