LLevelNews
aiIntermediate2 min read10/21/2026

Anthropic plans public benefit fund as sales rise

Anthropic's quarterly revenue rose by about 46% before a planned stock market listing. Separately, the company proposed a fund holding 5% of its shares to support projects that benefit society.

Anthropic, the company behind the Claude AI models, reported revenue of $16.8 billion for July to September 2026. Revenue, the money it receives from sales, rose by about 46% compared with the previous three months. The company plans to sell shares to the public in November, in a stock market listing that could value it at up to $2 trillion. However, sales growth slowed after revenue more than doubled between the first and second quarters.

In a separate announcement on Sunday, Anthropic proposed putting 5% of its shares into a new public benefit fund. The plan still needs approval from shareholders. The fund would belong entirely to Anthropic and could make large donations to non-profit organisations or payments directly to particular groups of people.

One possible focus is the effect of AI on jobs. Anthropic has already promised $200 million for research into how society can adapt to AI's economic effects. It said the new fund could support larger efforts if needed.

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