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The Economic Times
The Economic Times

Explained: What is a public benefit corporation, the Anthropic legal structure?

AI lab Anthropic, the developer of Claude, is planning one of the biggest IPOs 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. Below is a look at how public benefit corporations differ from traditional companies.

WHAT ARE PUBLIC BENEFIT CORPORATIONS?

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