Anthropic announced on October 18, 2026 that it will commit 5% of its shares, pending stockholder approval, to a newly created Anthropic Public Benefit Fund, a wholly-owned LLC. The fund’s stake can grow by up to an additional 2% at the board’s discretion for each 50% increase in the company’s value above a set baseline. It will focus on public-good work such as addressing AI’s labor market impacts, and none of its equity will be used for lobbying or political giving.