{"id":634769,"date":"2026-10-19T00:12:10","date_gmt":"2026-10-19T00:12:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/634769\/"},"modified":"2026-10-19T00:12:10","modified_gmt":"2026-10-19T00:12:10","slug":"anthropic-commits-billions-to-a-public-benefit-fund","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/634769\/","title":{"rendered":"Anthropic Commits Billions to a &#8216;Public Benefit Fund&#8217;"},"content":{"rendered":"<p>Anthropic said on Sunday that it would set aside large portions of its wealth to support initiatives it believes are in the public interest.<\/p>\n<p>In a blog post, <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/anthropic-survey-reveals-ai-potential-impact-on-unemployment-2026-10\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">the AI colossus<\/a> said it aims to establish a separate LLC that would use Anthropic shares to make donations to nonprofits or &#8220;direct distributions to specific populations.&#8221;<\/p>\n<p>The new LLC, called the &#8220;Anthropic Public Benefit Fund,&#8221; would receive larger stakes as the company grows. The company said an initial funding round of 5% of Anthropic&#8217;s shares is still subject to stockholder approval.<\/p>\n<p>&#8220;The Anthropic Public Benefit Fund will have increased flexibility and scale, enabling us to pursue our mission in new ways,&#8221; the company said.<\/p>\n<p>A 5% stake in Anthropic is worth about $48 billion, according to the company&#8217;s most recent valuation in May.<\/p>\n<p>In 2025, rival frontier AI company OpenAI established a <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/openai-just-created-one-of-richest-charities-in-world-2025-9\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">similar nonprofit foundation<\/a> with a multibillion-dollar stake in the company to fund public-benefit initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"Anthropic said on Sunday that it would set aside large portions of its wealth to support initiatives it&hellip;\n","protected":false},"author":2,"featured_media":634770,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,6166,363,364,8613,1656,310997,26325,9479,310999,23807,59468,111,139,26328,69,310996,311000,1109,2122,310998,145],"class_list":["post-634769","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-anthropic","tag-artificial-intelligence","tag-artificialintelligence","tag-billion","tag-company","tag-direct-distribution","tag-donation","tag-flexibility","tag-initial-funding-round","tag-initiative","tag-new-way","tag-new-zealand","tag-newzealand","tag-nonprofit","tag-nz","tag-public-benefit-fund","tag-recent-valuation","tag-scale","tag-share","tag-specific-population","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/634769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=634769"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/634769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/634770"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=634769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=634769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=634769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}