Anthropic cushions its upcoming IPO with a discretionary fund for workers its models might replace
- IPO: 128 events in the last 90 days
- Previous: 1 days earlier · Listings in south-east Asia gain momentum with $1bn IPO
What happened
Anthropic wants to put five percent of its shares into a new public benefit fund that will also look into direct payments to workers at risk of losing their jobs. The fund is a company-owned LLC, so Anthropic keeps control of it as a possible IPO approaches. By offering the option of direct payments, Anthropic goes further than its competitors. Elon Musk says on X the company should just give the shares directly to…
Summary assembled by rule from the sources below