nuOct 19, 2026, 13:29

AI developer Anthropic invests billions in social impact fund

AI developer Anthropic is establishing a major social impact fund, initially backed by 48 billion dollars in equity, to address societal concerns related to the rapid advancement of artificial intelligence. The company plans to supplement this with further share donations as its market valuation grows, aiming to support non-profits and vulnerable populations.

AI developer Anthropic has announced the creation of a massive fund dedicated to social impact, pending shareholder approval. Based on a valuation from May, the equity stake transferred to the fund is worth approximately 48 billion dollars. The company has also committed to donating an additional two percent of shares each time its valuation increases by more than 50 percent from a specified baseline. This initiative aims to support non-profit organizations and provide direct assistance to specific demographics as the company navigates the societal implications of its technology.

Anthropic intends for this fund to address growing concerns regarding AI, such as job displacement, environmental impacts, and behavioral changes. Having already earmarked 200 million dollars for these issues, the firm argues that the rapid pace of technological development necessitates more significant interventions. As Anthropic prepares for a potential stock market launch in November, it continues to advocate for a more cautious approach to AI development. The company recently highlighted risks associated with advanced AI, noting the theoretical potential for models to become self-replicating and breach interconnected devices.

Economy Business Technology

Read original ↗

Based on reporting by nu. Translated and condensed by LocalHeadlines.

Greenwheels and Check to collaborate and double fleet size

Mobility company Pon is integrating its shared vehicle brands Greenwheels and Check to streamline user access and expand its fleet. The companies aim to double their total number of vehicles to twenty thousand by 2030 to encourage shared mobility and reduce reliance on private transport.

Gall & Gall and Etos websites back online, apps remain unreachable

The websites for Gall & Gall, Etos, and Albert Heijn are back online following a recent cybersecurity incident at Ahold Delhaize, though some app features and delivery services remain restricted. While the investigation into the cause is ongoing, the company has confirmed no current evidence of data theft and normal supply chain operations have resumed.

Number of cybersecurity companies more than quadrupled in five years

The number of registered cybersecurity companies in the Netherlands has quadrupled since 2021, reaching 962 by October 2024. This rapid growth is driven by increasing cyber threats and regulatory changes, highlighting the ongoing challenge for organizations to protect their digital systems.

Albert Heijn site and app back online, grocery deliveries resume Friday

Albert Heijn has restored its website and app following a cyberattack that caused a week-long outage across Ahold Delhaize platforms. Customers can access account features immediately, while the ability to place new grocery orders will resume this Friday.

Stellantis to hire hundreds of additional engineers in coming years

Stellantis plans to hire hundreds of new engineers as part of a multi-billion euro investment strategy running through 2030. While the company aims for growth, it is also being sued by several organizations over claims that it installed illegal emission-cheating software in Fiat camper vans.