Anthropic says it will commit 5% of its shares to a public benefit fund, an announcement made as the artificial intelligence company prepares the ground for a major stock market listing.
The proposed allocation would give the fund a stake in Anthropic, although the available details do not set out how it would be structured, when the shares would be transferred or how the fund would operate.
The move comes against the backdrop of preparations for what is described as a blockbuster listing. No date or further terms for a stock market flotation have been provided in the supplied material.
Anthropic’s announcement links the planned share commitment with its wider preparations for becoming a publicly listed company. The latest known position is that the company intends to allocate 5% of its shares to the public benefit fund while laying the groundwork for the potential listing.