Anthropic Has Set Aside 5 Percent for the Public. Give Kids a Stake.

Anthropic announced plans to commit 5 percent of its shares to a new Public Benefit Fund, with more potentially added as the company’s value grows. At the roughly $2 trillion valuation reportedly being targeted for its IPO, that initial stake would be worth about $100 billion, making it one of the largest charitable commitments in history. The company says the fund could even make direct payments to specific individuals, among the other priorities. The post Anthropic Has Set Aside 5 Percent for the Public. Give Kids a Stake. appeared first on American Enterprise Institute - AEI.