How AI giants will reshape global philanthropy

Anthropic plans to launch a public benefit fund with 5% of its shares, potentially worth $100 billion at a $2 trillion IPO valuation, aiming to reshape philanthropy with flexible, impactful giving. This fund joins OpenAI's nonprofit-controlled structure, marking a shift in how AI giants approach charitable efforts. Anthropic intends to support AI safety, biomedical research, and address AI's labor market effects through this fund.