Anthropic plans to transfer 5% of its shares, subject to stockholder approval, to a new public-benefit fund that could receive additional shares as the company's value grows.
The company says its board may add another 2 percentage points for every 50% increase in Anthropic's value above a baseline that has not yet been disclosed. The fund is being set up as a wholly owned limited liability company, which Anthropic says gives it flexibility to support different kinds of public-benefit work. Possible uses include donations to nonprofit organizations and direct payments to groups of people, including those affected by artificial intelligence changes in the labor market.
Anthropic says it has already committed $200 million to research and address the effects of AI, but believes further action may be needed as the technology advances. The company also says the fund's shares will not be used for lobbying or political donations. The new pledge builds on the founders' commitment to donate 80% of their equity holdings along with an employee equity-matching program.
Anthropic says these commitments together put roughly 20% of its shares toward public benefit. The fund's governance and the valuation milestones for future share additions remain unsettled, with Anthropic promising more information in the coming months.