public benefit corporation

Anthropic will donate $150 million to launch the Claude Corps fellowship program, placing 1,000 AI-trained fellows with nonprofits to enhance their use of AI. The initiative includes funding for host organizations and aligns with Anthropic’s public benefit corporation status, which balances profit and social impact.

Anthropic will donate $150 million to launch 'Claude Corps,' a fellowship program placing 1,000 AI-trained coaches with nonprofits to enhance their AI usage. The initiative, part of Anthropic's strategy to balance profits and social impact, includes grants and free AI credits for host organizations.

OpenAI has filed confidential SEC paperwork for an IPO, positioning itself as the third major AI company after Anthropic and SpaceX to pursue a Wall Street debut. The company, now valued at $852 billion, reorganized into a public benefit corporation last year while remaining under nonprofit control.

OpenAI filed confidential SEC paperwork for a potential IPO, positioning itself as part of a trio of AI companies aiming for Wall Street debuts. The company, valued at $852 billion, reorganized into a public benefit corporation and has not finalized timing for the public offering.

Elon Musk and Sam Altman face a trial starting April 27th, with Musk alleging OpenAI abandoned its mission to prioritize profits, while OpenAI claims Musk's lawsuit is a baseless attempt to undermine competitors. Musk seeks removal of Altman and Greg Brockman, and up to $150 billion in damages.