Key facts
- Anthropic's governance plan aims to ensure its mission to benefit humanity persists.
- Co-founders hold 50.1% voting power over certain matters.
- A long-term benefit trust will elect a majority of the board.
- The company is structured as a public benefit corporation.
AI company Anthropic has detailed a governance structure designed to ensure its mission to benefit humanity endures beyond its founders' tenure. The plan, revealed in a Monday IPO filing, includes supervoting stock for its seven co-founders and a long-term benefit trust that will control a majority of board seats. This structure aims to insulate the company from investor pressure and preserve its public benefit purpose, even as its valuation is expected to reach $1.5 trillion.