Iran says Hormuz offer stands as ship attacks continue and Lavrov visits Tehran France orders local curfews after riots as unrest hits Italy Houthi missiles kill dozens at Yemeni government camp as attacks on Saudi Arabia continue Putin floats Trump-Xi summit on Ukraine as Trump-Zelensky rift deepens Russian missiles hit Kyiv and power grid, drone kills six in Kharkiv region Drone strikes kill dozens across Sudan after attack on al-Dibab transport hub Congo Ebola deaths pass 4,500 as Kenya's cluster grows WFP cuts food aid to 500,000 Gazans as Israel signals reopening of commercial route Oil near $110 as Russia waiver meets Gulf supply fears Mali's military and Russian allies killed scores of civilians in drone strikes, reports say China widens export controls to tunnel-boring machines and drones, with AI and solar curbs drafted Chip stocks rebound after AI-debt rout, but financing worries persist Floods kill at least four in eastern Spain as rescuers lift residents from rooftops French bonds and stocks fall as weekend riots deepen budget worries Canada mourns four soldiers killed in Wainwright base fire, cause still unknown Alberta votes on staying in Canada, separatists expected to lose Indonesia drops tightly held stocks from index to head off MSCI downgrade Lithuania calls Starlink fire sabotage as Baltic tensions rise Israel arrests suspects over settler attacks on European diplomats and US photojournalist Trump endorses Netanyahu ahead of Israeli election Anthropic pledges 5% of shares to public benefit fund before IPO Lula and Flávio Bolsonaro trade attacks in first run-off debate as polls show lead narrowing Protests continue in Albania as Rama says masked demonstrators are not students Kenyan court convicts starvation cult leader Paul Mackenzie of murder US threatens EU over satellite spectrum as European carriers weigh joint bid European Commission rejects US proposal to resume Russian gas purchases Australian MP Helen Haines critically injured after car attack outside office China's economy grows 4.5% in third quarter as AI-driven exports beat forecasts US orders DeepSeek removed from federal civilian IT systems Florida issues arrest warrant for Raúl Castro as Cuba rejects charge Twelve migrants die in two boat accidents in the Aegean Saudi Arabia postpones 'Davos in the Desert' forum after Houthi attacks Lebanon heads into US-backed talks with Israel under pressure over Hezbollah funding Philippines summons Chinese envoy over 'easily win' remark as Beijing denies threat Salvadoran soldiers missing after gang ambush on UN-backed force in Haiti Indonesia battles worst forest fires and toxic haze in 11 years Prosecutors cite Saudi backing for ex-OpenAI engineer accused of planting device Indian court extends custody of 'Cockroach' movement leaders China protests Takaichi's Yasukuni offering as large Japan-US drills begin Ukraine and Russia work on Oleshky evacuation as Pope Leo speaks with Zelensky Japan set to launch first mission to bring back samples from a Martian moon Iran says Hormuz offer stands as ship attacks continue and Lavrov visits Tehran France orders local curfews after riots as unrest hits Italy Houthi missiles kill dozens at Yemeni government camp as attacks on Saudi Arabia continue Putin floats Trump-Xi summit on Ukraine as Trump-Zelensky rift deepens Russian missiles hit Kyiv and power grid, drone kills six in Kharkiv region Drone strikes kill dozens across Sudan after attack on al-Dibab transport hub Congo Ebola deaths pass 4,500 as Kenya's cluster grows WFP cuts food aid to 500,000 Gazans as Israel signals reopening of commercial route Oil near $110 as Russia waiver meets Gulf supply fears Mali's military and Russian allies killed scores of civilians in drone strikes, reports say China widens export controls to tunnel-boring machines and drones, with AI and solar curbs drafted Chip stocks rebound after AI-debt rout, but financing worries persist Floods kill at least four in eastern Spain as rescuers lift residents from rooftops French bonds and stocks fall as weekend riots deepen budget worries Canada mourns four soldiers killed in Wainwright base fire, cause still unknown Alberta votes on staying in Canada, separatists expected to lose Indonesia drops tightly held stocks from index to head off MSCI downgrade Lithuania calls Starlink fire sabotage as Baltic tensions rise Israel arrests suspects over settler attacks on European diplomats and US photojournalist Trump endorses Netanyahu ahead of Israeli election Anthropic pledges 5% of shares to public benefit fund before IPO Lula and Flávio Bolsonaro trade attacks in first run-off debate as polls show lead narrowing Protests continue in Albania as Rama says masked demonstrators are not students Kenyan court convicts starvation cult leader Paul Mackenzie of murder US threatens EU over satellite spectrum as European carriers weigh joint bid European Commission rejects US proposal to resume Russian gas purchases Australian MP Helen Haines critically injured after car attack outside office China's economy grows 4.5% in third quarter as AI-driven exports beat forecasts US orders DeepSeek removed from federal civilian IT systems Florida issues arrest warrant for Raúl Castro as Cuba rejects charge Twelve migrants die in two boat accidents in the Aegean Saudi Arabia postpones 'Davos in the Desert' forum after Houthi attacks Lebanon heads into US-backed talks with Israel under pressure over Hezbollah funding Philippines summons Chinese envoy over 'easily win' remark as Beijing denies threat Salvadoran soldiers missing after gang ambush on UN-backed force in Haiti Indonesia battles worst forest fires and toxic haze in 11 years Prosecutors cite Saudi backing for ex-OpenAI engineer accused of planting device Indian court extends custody of 'Cockroach' movement leaders China protests Takaichi's Yasukuni offering as large Japan-US drills begin Ukraine and Russia work on Oleshky evacuation as Pope Leo speaks with Zelensky Japan set to launch first mission to bring back samples from a Martian moon

Symbolic image: Anthropic pledges 5% of shares to public benefit fund before IPO

Symbolic image

Anthropic pledges 5% of shares to public benefit fund before IPO

8 sources

Anthropic said on Sunday it will commit 5% of its shares to a public benefit fund, worth around $48bn at its May valuation. Shareholders still have to approve the plan.

In a blog post, Anthropic said the fund would receive a further 2% of shares, at the board's discretion, for every 50% rise in the company's value above a baseline yet to be announced. It could finance donations to nonprofits or direct distributions to specific populations, but not lobbying or political donations. Labour-market disruption is one focus, after an earlier $200m commitment. The announcement comes as an AP-NORC poll finds 64% of US adults think AI is developing too fast.

Musk and Trump respond

Elon Musk wrote that shares should go directly to the public and pledged one SpaceX share to every child in America next year. President Donald Trump praised the idea on Monday and implied it would run through the Trump Accounts programme.

IPO and cloud talks

Anthropic plans to list possibly in November, and the Guardian reports it is considering a $1.5tn valuation. Bloomberg reports that it is negotiating a $45bn cloud computing deal with Nscale.