Anthropic cushions its upcoming IPO with a discretionary fund for workers its models might replace.

Anthropic wants to put five percent of its shares into a new public benefit fund that will also look into direct payments to workers at risk of losing their jobs. The fund is a company-owned LLC, so Anthropic keeps control of it as a possible IPO approaches. By offering the option of direct payments, Anthropic goes further than its competitors. Elon Musk says on X the company should just give the shares directly to the public. The article Anthropic cushions its upcoming IPO with a discretionary fund for workers its models might replace. appeared first on The Decoder .