Anthropic will put 5% of its shares into a public fund.

The fund targets AI job losses and, as a limited liability company, can pay people directly.

The board may add 2% each time valuation rises 50% over an unpublished baseline, and shareholders must approve the first 5%.

“Next year, I will give one of my SpaceX shares to every kid in America,” wrote Elon Musk, SpaceX’s chief executive.

Anthropic says it will publish the fund’s governance and valuation thresholds in coming months.

How each outlet framed it
Zhidx
foregrounds Musk's X reply urging the 5% stake go directly to the public, and notes the fund is an LLC to avoid 501(c)(3) rules
Bloomberg Business leans favorable

Sources: Zhidx, Bloomberg Business