Bollcoin, October 19 — According to an official Anthropic announcement, the company will inject a portion of its shares into the newly established Anthropic Public Benefit Fund. Subject to shareholder approval, it is committing 5% of its shares today; thereafter, each time the company's valuation grows 50% above a set baseline, the board may, at its discretion, add another 2%. The fund is set up as a wholly owned LLC rather than a charitable structure such as a 501(c)(3), and the equity it holds will not be used for lobbying or political donations in any country. Anthropic said the fund will be used for large donations to traditional nonprofits and direct distributions to specific groups, with one key focus being addressing the labor market impact of AI (the company has already committed $200 million to this).