Anthropic needs stockholder approval to commit 5% of itself to a public benefit fund

T2Covered by 1 source · first reported by UploadVR / Road to VR / MIXED at 20 Oct, 04:21 UTC

Anthropic is committing 5% of its own shares to a new Anthropic Public Benefit Fund, subject to stockholder approval, and the fund's slice grows as the company's value does. Anthropic says a further 2% will be "added at the board's discretion for every 50% increase in the company's value above a…

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Sources

• T2Anthropic needs stockholder approval to commit 5% of itself to a public benefit fundUploadVR / Road to VR / MIXED20 Oct, 04:21