Musk comments on Anthropic public benefit fund: suggests "distributing shares directly to the p… — Makala Kamili na Usomaji Unaohusiana

PANews October 19 news: Anthropic announced in the early hours of today that it will inject part of its shares into a newly established wholly-owned entity, the Anthropic Public Benefit Fund, which serves entirely the public interest. The fund's initial size is 5% of the company's shares; thereafter, each time the company's valuation grows by 50% relative to a set baseline, an additional 2% can be injected, up to approximately 20%. In response, Elon Musk replied with the suggestion to "just distribute the shares directly to the public," and subsequently added, "That's exactly what I'm going to do."

Musk comments on Anthropic public benefit fund: suggests "distributing shares directly to the public"

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