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Anthropic cushions its upcoming IPO with a discretionary fund for workers its models might replace
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Maximilian Schreiner

· 1 min read

BusinessThe Decoder

Anthropic cushions its upcoming IPO with a discretionary fund for workers its models might replace

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 the public.

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This story was published by The Decoder and written by Maximilian Schreiner. SyncAI.news shows a preview; the complete article is on the publisher's site.

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