Anthropic said on October 18, 2026 that it is committing a portion of its shares to the Anthropic Public Benefit Fund, a new entity designed so that its stake grows as the company grows. Subject to stockholder approval, 5% of Anthropic’s shares will be committed, with an additional 2% added at the board’s discretion for every 50% increase in the company’s value above a set baseline, according to the company’s announcement. Because of how the fund is structured, the more Anthropic grows, the…