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Anthropic commits 5 per cent of its shares to public fund

Published

The AI company says the new "public benefit fund" will hold the shares. The move comes as Anthropic plans an initial public offering and faces public backlash against artificial intelligence, according to a report.

Anthropic made the announcement on Monday 19 October. The company is described as seeking to address public backlash against AI with the fund.

Anthropic plans an initial public offering. The fund is part of its effort to answer public concerns before that listing.

Key facts

Who
Elon Musk (commented on the fund, recommending that shares be given directly to the public); David Sacks (co-chairs President Trump's Council of Advisors on Science and Technology…)
When
19 October 2026
Status
Reported

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