Anthropic Announces 'Public Benefit Fund', Committing 5% of Its Shares
"Anthropic says it's committing 5% of its shares to a 'public benefit fund'," reports TechCrunch, "structured as a wholly-owned entity within the company — with the…
Signage for Claude at an Anthropic Code W/ Claude event in San Francisco, May 7, 2026. Anthropic, the maker of the Claude chatbot and a key developer of cutting-edge AI models, has invested in an all-out effort to obtain more computing power. (Jason Henry/The New York Times) By SRI MUPPIDI and KALLEY HUANG Late last year, Anthropic’s executives were in a bind. Their company, which was growing like a weed, was running out of computing power for artificial intelligence. The amount of computing...
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