Anthropic wants it both ways: public money and private control

In the next few weeks, public investors will get their chance to buy a piece of Anthropic. But regular investors will never have a chance to steer the AI giant's decisions: Even though Anthropic is going public, it will essentially remain a private company, controlled by a handful of people with outsized power. That's not unusual for giant tech companies launched in the past few decades (Larry Page and Sergey Brin have effective control of Google; Mark Zuckerberg has the same at Meta, as does Elon Musk at SpaceX.) It's also something you see at some prominent media companies (Rupert Murdoch and his son Lachlan have effective control of his two public companies; Larry and David Ellison have the same at Skydance.) Anthropic's twist on the idea is that control…

First reported by Insider. This page is a short excerpt; the full text is theirs.