New Delhi, Oct. 19 -- Artificial intelligence company Anthropic has announced plans to allocate 5 per cent of its shares to a newly established public benefit fund, with provisions to increase the stake as the company's valuation grows.

The proposed allocation, subject to shareholder approval, is aimed at funding public-benefit initiatives, including efforts to address the impact of artificial intelligence on employment and society.

In an official announcement, Anthropic said, "Subject to stockholder approval, 5% of Anthropic's shares will be committed today, with an additional 2% added at the board's discretion for every 50% increase in the company's value above a set baseline."

The valuation-linked structure means the fund's stake co...