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The Independent UK
The Independent UK
Technology
Andrew Griffin

Anthropic and Elon Musk announce $60 billion share giveaways to win people round to AI

Elon Musk and Anthropic will give away billions of dollars in shares to try and ease panic about artificial intelligence.

Anthropic, which makes Claude, said that least 5 per cent of its shares would be put into a “public benefit fund” that is intended to respond to concerns about the effects of AI. The company is planning an initial public offering that could value it at up to $1 trillion – which would mean that the fund is worth $50 billion.

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