Isophoric News · Wednesday, October 21, 2026
Anthropic to commit 5% of its shares to a fund for the "public good"
Anthropic said it will commit 5% of its shares to a fund for the "public good," worth around $48 billion at its latest valuation in May, subject to shareholder approval, the Guardian reported. The company will add a further 2% of its stock for every 50% increase in its value above an undisclosed baseline, and says the fund will allow it to "explore large donations to traditional nonprofits or direct distributions to specific populations." In a blog post, Anthropic wrote that "AI may generate enormous economic value, but it could also cause instability for many workers," and said that while it had already committed $200 million to the issue, "bolder approaches may be needed." The Guardian notes the announcement comes as the company prepares to list on the stock market, with an IPO reportedly planned for November.