Anthropic to commit 5% of shares to public benefit fund ahead of possible IPO

Anthropic, the artificial intelligence company behind the Claude chatbot, said it will commit 5% of its shares to a public benefit fund intended for the public good. The stake is worth around $48bn (£36bn) at the company's latest valuation. The company said it is establishing the fund as a limited liability company, which it says will give greater flexibility in how the money is used. The fund could address the effects of AI on workers, including job disruption. The announcement comes as Anthropic prepares for a potential stock market listing and amid broader public concern about the technology.

Alternative outlets CNBC and Semafor emphasize the fund's flexibility and possible role in AI job disruption, with Semafor also stressing increasingly negative public reactions to AI and a record-breaking IPO. The Guardian leads with the $48bn value and the company's effort to bolster its appeal before listing. Fox News centers on the fund's potential to address AI's impact on workers and ties the move to a potential IPO. All four pieces report the same 5% commitment and the listing context.