Skip to content
Back to all stories
BBC News

Anthropic says it will commit 5% of its shares to 'public benefit fund'

The announcement comes as Anthropic lays the ground for a blockbuster stock market listing.

Tarun Mottlia

Via BBC News

·Excerpt
Anthropic says it will commit 5% of its shares to 'public benefit fund'
Image: Image caption, Jack Clark, a co-founder and Head of Public Benefit of Anthropic

Artificial intelligence (AI) giant Anthropic says it will commit 5% of its shares to a fund that will make donations for the "public good".

The announcement comes as Anthropic lays the ground for a potential blockbuster stock market listing that could value the firm at more than $1tn (£750bn).

The AI industry has come under intense scrutiny recently over safety concerns and fears about its impact on society and the economy. Anthropic reportedly said in its initial public offering (IPO)…

Continue reading on BBC News ↗

Courtesy

This story was originally published by BBC News. All rights belong to the original publisher.

Read the original on bbc.co.uk ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us