Home › World

AI firm Anthropic to commit 5% of shares to fund for ‘public good’

World 1 source 1 country 🔦 Under-reported 13m ago

AI developer Anthropic has announced it will allocate 5% of its shares to a fund dedicated to the public good. The company, known for its Claude chatbot, is currently preparing for an upcoming stock market listing. The shares designated for this initiative are valued at approximately $48 billion.

This move occurs against a backdrop of broader industry concerns regarding the development and impact of artificial intelligence. By establishing this fund, the firm aims to bolster its public appeal as it moves toward becoming a publicly traded entity.

In-depth summary · AI, neutral
Read the full story at the source The Guardian World · GB ↗
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →