Anthropic says it will commit 5% of shares to'public benefit' fund Share Anthropic says it will commit 5% of shares to'public benefit' fund on social media Anthropic has pledged to commit 5 percent of its shares to a new fund dedicated to the public good, with plans to increase the contribution as the artificial intelligence giant's market value grows. The creator of the AI assistant Claude announced the new "Anthropic Public Benefit Fund" on Sunday as tech firms face intense scrutiny over the potential dangers posed by the frontier technology. "Because of the way the Fund is structured, the more Anthropic grows, the larger the share of the company that can be dedicated expressly to the public good," the San Francisco-based firm said. "It is common practice for tech companies to offer escalating compensation awards to their executives. We are instead directing that equity to the public benefit."

Anthropic to commit 5% stake to new'public benefit fund' Anthropic cited the potential impact of artificial intelligence on workers as one area of focus for its new fund. Artificial intelligence lab Anthropic, the developer of Claude, said on Sunday it would commit 5% of its shares to a new public benefit fund so it has increased flexibility and scale to make donations for the "public good." The proposed fund would be established as a wholly owned limited liability company and would receive an additional 2% of Anthropic's shares, at the board's discretion, for every 50% increase in the company's value above a baseline that has yet to be disclosed. The move comes at a time when Anthropic is planning one of the biggest initial public offerings in history as a public benefit corporation, a legal structure that requires management to consider certain broader interests as well as turning a profit for investors. The company, which has positioned itself as a safety-first AI lab, has said AI could pose "catastrophic or existential risks to humanity" and devoted roughly 80 pages of the 261-page main body of its prospectus to laying out risk factors.

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America will be AI DOMINANT!" Get your news from a source that's not owned and controlled by oligarchs. In recent weeks, a fresh crop of people connected to the artificial intelligence industry have emerged to warn that AI is possibly going to kill us all, spreading the word with various degrees of credibility or self-interest. Anthropic chief and co-founder Dario Amodei has also called to slow down the development of AI technology, a recommendation that Sam Altman of OpenAI and even notorious good judgment-haver Elon Musk quickly cosigned. Meanwhile, the Trump administration and the president himself have continued to insist that AI is essential for American technological advancement and military might. As a very strange public debate has ensued, it's become clear that Trump, Defense Secretary Pete Hegseth, and other people connected with the administration view AI as an essentially masculine tool: "dominant," a word they keep using over and over, powerful, and able to be kept in check only by a strong ruler. The Trump administration has become a place where very odd politics around both gender and "wokeness" are constantly on display. Trump issued a garbled executive order immediately upon retaking office that attempted to redefine "male" and "female ." Hegseth is obsessed with testosterone, announcing in July that military members will be screened for low T regardless of their gender. The intense focus on gender and wokeness has also been true of their approach to AI: Last year, the administration promised that it would require AI companies with federal contracts to make sure their large language models match the administration's views on things like climate change; transgender identity; and diversity, equity and inclusion initiatives. Trump has turned "a debate about technology into a debate about who's got the phallus." It's now increasingly obvious that Trump and his administration view AI technology as something akin to a large, dangerous dog that only a masculine owner can control. Trump has repeatedly called warnings that AI could harm human beings "a hoax," writing on TruthSocial that the "only control or'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!" "The people that say AI is going to destroy the World, and that Data Centers are bad for your neighborhood, are the same people that said, just a short time ago, that the World would be extinguished by'Climate Change,'" the president also posted, with his trademark random capitalization. "That HOAX never worked out for them, and now they're on to the next one.

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Image caption, No ice cream and compulsory lentils in school meal shake-up says the Daily Telegraph, writing that the government will announce rules that will force schools to put pulses on the menu at least once a week in England. Elsewhere, the paper leads with a plea from 800 pub, restaurant and hotel leaders urging Prime Minister Andy Burnham to cut VAT from 20 to 10%. The appeal comes days after Mr Burnham blindsided the industry by handing local authorities the power to impose unlimited tourist taxes, the paper adds. Image caption, The Daily Express reports that Labour tourist tax will hammer seaside B&Bs, with the Conservative Party warning that family businesses and staycation parents pay cost of benefits bill. Céline Dion's triumphant return to concert stage also features on the front page.