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The Economic Times
The Economic Times
Technology

From Carnegie to Claude: AI wealth could reshape philanthropy

A wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of Andrew Carnegie and John D. Rockefeller, raising questions about where the money goes.

Anthropic, the maker of the Claude chatbot, has said it would commit 5 percent of its shares to a new Anthropic Public Benefit Fund, a stake that could be worth around $100 billion if the company reaches the $2 trillion valuation investors are eyeing for a stock market debut expected as early as November.

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