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Anthropic commits 5% of its stock to new 'public benefit' fund ahead of IPO
Anthropic said it is committing 5 per cent of its shares to a new "public benefit" fund, with the fund's worth potentially increasing as its shares grow in value. The shares will go to the Anthropic Public Benefit Fund, a new entity within the company, it said on Sunday. The fund "will have increased flexibility and scale, enabling us to pursue our mission in new ways: for example, we might explore large donations to traditional nonprofits or direct distributions to specific populations," Anthr…
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