Anthropic designs a pay package for the public

Anthropic has announced the creation of the Anthropic Public Benefit Fund, a wholly-owned LLC dedicated to the public benefit. The company will initially commit 5% of its total shares to this fund, with the board potentially adding 2% for every 50% increase in company value above a baseline. While Anthropic prepares for what could be the largest IPO in stock market history, reactions on social media regarding this pledge have been largely skeptical so far.