Musk and Anthropic Pledge Major Share Giveaways Amid AI Safety Scrutiny
· Business · BBC News
Elon Musk's SpaceX and AI firm Anthropic have pledged major share giveaways as technology companies face intense scrutiny over the societal impact of artificial intelligence. Musk announced on Monday that he will give one of his shares in SpaceX to every child in America next year. The announcement followed Anthropic's commitment to place 5% of its shares into a fund dedicated to the public good. Anthropic is preparing for a potential stock market listing that could value the company at over $1tn, while SpaceX raised $85.7bn in an IPO in June. Details regarding how SpaceX shares will be distributed to American children have not been disclosed.
Why it matters
The pledges highlight growing pressure on Big Tech leaders to address public concerns about AI's impact on employment and society.
Read the original report — BBC News
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