Anthropic says it will dedicate 5% of its shares to a fund for the ‘public good.’ The public is skeptical

Anthropic just released a pledge to commit 5% of its total shares to a new fund to be used for the “public good.” The public isn’t so sure. The privately held AI company, which is planning what could be the largest initial public offering (IPO) in stock market history, published a press release announcing the creation of the “Anthropic Public Benefit Fund,” a “wholly-owned LLC” that will, per the company, be dedicated to the public benefit. To start, the fund will hold 5% of Anthrop...