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OpenAI, Anthropic and Musk pledge nearly $300 billion to philanthropy

TechnologyInternationalLa Nación45 s readAI summary
Image: La Nación

Anthropic announced it will donate 5% of the company to a new public-benefit fund, which could hold $100 billion if the company reaches a $2 trillion valuation when it goes public. Elon Musk said he plans to give one SpaceX share to every child in the United States next year, with contributions that could exceed $11 billion. Including OpenAI's foundation, the philanthropic capital of the three AI firms would reach nearly $300 billion, more than three times the Gates Foundation's endowment.

In 45 seconds

  • Anthropic will donate 5% of the company to a public-benefit fund that could reach $100 billion if its valuation hits $2 trillion when it goes public
  • Anthropic's seven founders separately announced they will give 80% of their fortunes to charitable causes
  • Musk plans to give one SpaceX share to every US child next year, with contributions that could exceed $11 billion
Read the full story at La Nación

IASummary generated by artificial intelligence from a story by La Nación. It may contain errors: the original source prevails.

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