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Morning Edition · Wednesday, October 21, 2026Published at 2:08 AM EDT · New York
Anthropic Commits 5% of Its Shares to a New Public Benefit Fund, Rising With Valuation, as Peter Thiel Calls Its Origins "Cult-Like"
The fund can grow by 2 percentage points for every 50% rise in Anthropic's value above a baseline, and it is structured as a company-owned limited liability company, not a charity.
On October 18 Anthropic announced the Anthropic Public Benefit Fund, a new wholly owned entity dedicated to the public benefit. Subject to stockholder approval, the company will commit 5% of its shares to the fund. According to Anthropic's…
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