October 19, 2026
Business

Ahead of IPO, AI firm Anthropic announces a new ‘public benefit fund’ to commit 5% of its stocks: What we know(Soban News)

Anthropic plans to commit 5% of its shares to a public benefit fund, subject to stockholder approval, with scope to expand the stake as its value grows. Elon Musk suggested giving shares directly to the public. The announcement comes ahead of the AI firm’s IPO, reportedly scheduled for November.

​Anthropic plans to commit 5% of its shares to a public benefit fund, subject to stockholder approval, with scope to expand the stake as its value grows. Elon Musk suggested giving shares directly to the public. The announcement comes ahead of the AI firm’s IPO, reportedly scheduled for November. by Soban News (international And National News)

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