FACTBOX - ANTHROPIC PUBLIC BENEFIT FUND AND HOW IT COMPARES WITH OTHER BIG PHILANTHROPIC EFFORTS

What happened: Anthropic said it would commit 5% of its shares to a new Public Benefit Fund, amid debate over how AI-generated wealth should be distributed. Key numbers: 5% of shares pledged; an extra 2% for every 50% rise in company value above an undisclosed baseline. OpenAI Foundation holds a 26% stake worth about $130 billion. Why it matters: The pledge follows a bill by US Senator Bernie Sanders that would give the public a 50% stake in the largest US AI companies, and Elon Musk responded by pledging one SpaceX share to every kid in America.

Anthropic said it would commit 5% of its shares to a new Public Benefit Fund, amid debate over how AI-generated wealth should be distributed.

The pledge follows a bill by US Senator Bernie Sanders that would give the public a 50% stake in the largest US AI companies, and Elon Musk responded by pledging one SpaceX share to every kid in America.