Anthropic Pledges Shares to the Public and Pitches a High-Bar Safety Bill

Anyone hoping to be worth trillions soon might as well give a little away first: Anthropic is placing 5 percent of its shares in a new Public Benefit Fund, the company announced in a blog post. At the same time, the maker of Claude is lobbying Washington for its own A.I. safety bill, one under which the government could step in only when the potential damage is very high. The fund will be set up as a separate limited liability company wholly owned by Anthropic, and shareholders still have to approve it. Its stake is designed to grow with the company: For every 50 percent increase in Anthropic’s value above a baseline that has not yet been disclosed, the board can add another 2 percent of the shares.

Also reported by The Mac Observer.

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