Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’
In Brief Posted: 1:37 PM PDT · October 18, 2026 Image Credits:Jakub Porzycki / NurPhoto / Getty Images Anthony Ha Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’ Anthropic announced today that it’s creating a “public benefit fund” that will give the company “increased…
Annons
Annons
In Brief Posted: 1:37 PM PDT · October 18, 2026 Image Credits:Jakub Porzycki / NurPhoto / Getty Images Anthony Ha Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’ Anthropic announced today that it’s creating a “public benefit fund” that will give the company “increased flexibility and scale” to support projects for societal good. Anthropic said that it will commit 5% of its shares to the fund — structured as a wholly-owned entity within the company — with the option to contribute an additional 2% for every 50% increase in Anthropic’s value. And it offered some broad-strokes ideas for how this money might actually be used, such as “large donations to traditional nonprofits or direct distributions to specific populations.” There’s also the impact that AI might have on the job market, which Anthropic has already committed $200 million to study. But the company said, “Given the pace of AI progress, bolder approaches may be needed. The Fund will have the versatility to pursue them.” Anthropic’s announcement comes as the AI industry faces increasingly negative public sentiment, which CEO Dario Amodei has described as “fundamentally a crisis of trust.” If you’re wondering who will actually decide which public benefits are worth funding, Anthropic said it will share more information about structure and governance in the coming months. Topics AI, Anthropic November 4 Boston Get 50% off a second passCover more ground at TechCrunch’s ultimate founder bootcamp of the year by bringing your co-founder or partner. Save 50% off a second pass. Meet scaling and investment leaders, ask questions, find solutions, and more.Last day to save Oct. 16 Register Now Newsletters See More Subscribe for the industry’s biggest tech news Related Media & Entertainment Everyone’s watching the Elizabeth Holmes documentary ‘You Can See Everything’ Anthony Ha 10 hours ago AI Anthropic says its workforce has become less junior and is spending more time in meetings Anthony Ha 1 day ago AI Replit makes OpenAI its default over Anthropic, CEO says Kirsten Korosec Lucas Ropek Rebecca Bellan 1 day ago Latest in AI In Brief Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’ Anthony Ha 8 hours ago In Brief Disney agrees to hire the majority of Character.AI’s workforce Anthony Ha 12 hours ago In Brief Meta removes language that raised scraping and AI training concerns Anthony Ha 1 day ago