Tech article

AI firm Anthropic to commit 5% of shares to fund for ‘public good’

Publisher description: The $48bn giveaway by company, which is preparing to list on stock market, comes amid concerns about the tech

The Guardian | Oct 19, 2026 | Lauren Almeida

Automated excerpt

Anthropic has said it will commit 5% of its shares to a fund for the “public good”, as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing. The company announced that it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. The company is reportedly considering a $1. 5tn valuation when it floats on the stock market, with an IPO planned for November.

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