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A company for AI makes a new fund

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The firm Anthropic makes artificial intelligence. The computer program is Claude. The firm wants to do good. It gives 5 percent of shares to a fund. The fund is the Anthropic Public Benefit Fund.

The money is for a good cause. It goes to groups without profit. Poor people also get money. A big goal is the job market. AI changes many jobs. The fund helps workers in this time.

Anthropic goes to the stock market soon. Experts think the value is high. The value of the firm grows. More shares go to the fund. The firm does not use the money for politics. Lobby work is also forbidden with this money.

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Definitions

Shares
A share is a part of a firm. If you own a share, you own a small piece of this firm.
Stock market
The stock market is a place to sell parts of firms. Then people can buy shares of this firm.
Lobby work
Lobby work means firms try to change the choices of politicians.
Public Benefit Corporation
This is a special rule for firms in the USA. These firms do not only make money. They also help society.

People

Dario Amodei
He is the boss of the firm Anthropic.
Donald Trump
He is the president of the United States of America.
Elon Musk
He is a famous boss of the AI firm xAI.

Locations

United States of America
A big country in North America, also called USA.
San Francisco
A big city in the US state California.

Sources

Logo Standard
Standard

Anthropic will fünf Prozent seiner Aktien in Gemeinwohl-Fonds stecken

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la Repubblica

Anthropic, il 5% delle azioni a un fondo sociale. I soldi anche per chi ha perso il lavoro per l’IA

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Logo Al Jazeera
Al Jazeera

Anthropic says it will commit 5% of shares to ‘public benefit’ fund

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Logo Die Presse
Die Presse

Anthropic will fünf Prozent seiner Aktien in „Public Benefit Fonds“ stecken

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