Anthropic Pledges 5% of Shares to Public Benefit Fund, Plus Conditional Extra Donations

·7 views

Anthropic has announced it will contribute 5% of its shares to the Anthropic Public Benefit Fund. The company also said it may donate an additional 2% each time its valuation rises by 50% from a baseline. Co-founders and team members have collectively committed about 20% of their equity. The fund will prioritize public benefit initiatives and could also back traditional nonprofit organizations. More details on its governance and structure are expected in the near future.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Air India ordered to pay Rs 50,000 after passenger missed London flight over Covid protocols

A consumer commission in Amritsar has directed Air India to compensate a passenger with Rs 50,000. The passenger missed his flight to London, which he attributed to the airline's mishandling of Covid-19 travel rules. The commission found fault with the airline's service but rejected claims for a ticket refund or extra expenses. The award comprises Rs 40,000 for mental distress and Rs 10,000 toward legal costs.

0 comments Read more at Times of India

IndiaNDTV ·

Centre Asks Meta to Review Recommendation Systems to Curb Public Disorder

The Ministry of Electronics and IT (MeitY) has issued an advisory to Meta, urging it to review its recommendation systems to prevent public disorder. The ministry has also directed Meta to cooperate promptly with law enforcement and other authorised government agencies. This cooperation includes furnishing information or assistance as required by law. Such responses must be provided within the timelines prescribed under the IT Rules, 2021.

0 comments Read more at NDTV

IndiaNDTV ·

Sensex and Nifty Trade Flat as Oil Eases From 5-Month High

Indian benchmark indices Sensex and Nifty were trading flat in the latest market session. Brent crude oil retreated from a five-month high but remained near $108 per barrel. The price levels were being supported by ongoing attacks in the Middle East. The article was a live market update, so the figures reflect the moment of reporting rather than a closing summary.

0 comments Read more at NDTV

IndiaNDTV ·

Claim of Attack on Tiger Shroff Puts Spotlight on Anil Pandit

A claim that a man named Anil Pandit has been carrying out attacks in India on behalf of the Lawrence Bishnoi gang has drawn attention to his identity. The report centres on the question of who Pandit is and what role he is alleged to have played. The article connects his name to a claim involving actor Tiger Shroff. Further details about the alleged attacks and Pandit's background are not provided in the source text available.

0 comments Read more at NDTV