Anthropic: 5% of its shares to a public benefit fund, pending approval

On October 18, 2026, Anthropic announced the Anthropic Public Benefit Fund. Subject to stockholder approval, 5% of its shares will be committed to it, and the board may add 2% for every 50% rise in the company’s value above a set baseline. Including earlier commitments, Anthropic estimates that roughly 20% of its shares will go to the public good. According to Anthropic, the shares held by the fund will not be used for lobbying or political giving. Why it matters: this is a proposed commitment that still needs stockholder approval; according to Anthropic, the fund’s structure and governance will be set out in the coming months.