Anthropic earmarks 5% of shares for public benefit fund ahead of $2T IPO

anthropic is creating a public benefit fund with 5% of its shares to address social and economic disruption caused by fast-moving ai systems. the fund, set up as a wholly owned llc subsidiary, will either make large donations to nonprofits or explore direct payouts to workers at risk of losing their jobs due to ai. anthropic's ceo, dario amodei, has warned about the impact of ai on the labor market, and the company has already committed $200 million to researching these effects. the fund's size could increase if anthropic's valuation rises above a set baseline. this move is part of anthropic's preparations for a major ipo, which could raise up to $100 billion and value the company at around $2 trillion.