So, my take is that the long term public benefit trust probably has the 3⁄5 board members now since they have raised over $6 billion dollars.
Here is the definition of the “Final Phase-In Date”:
(VIII)(6)(iv) “Final Phase-In Date” means the earlier to occur of (l) the close of business on May 24, 2027 or (Il) eight months following the date on which the Board of Directors determines that the Corporation has achieved $6 billion in Total Funds Raised;
From Google:
As of November 2024, Anthropic, an artificial intelligence (AI) startup, has raised a total of $13.7 billionin venture capital: [1, 2, 3]
2021: $124 million from investors including Jaan Tallinn and the Center for Emerging Risk Research [1]
2022: $580 million from Sam Bankman-Fried and his colleagues [1]
May 2023: $450 million from investors including Google and Salesforce [1]
August 2023: $100 million from two Asian telecoms [1]
Amazon: $8 billion, with a $1.25 billion first installment in September 2023 and a $2.75 billion extension in March 2024 [1, 2]
Anthropic has a valuation of over $40 billion. The startup is in discussions to raise more funding at that valuation. [2, 3, 4]
So, my take is that the long term public benefit trust probably has the 3⁄5 board members now since they have raised over $6 billion dollars.
Here is the definition of the “Final Phase-In Date”:
(VIII)(6)(iv) “Final Phase-In Date” means the earlier to occur of (l) the close of business on May 24, 2027 or (Il) eight months following the date on which the Board of Directors determines that the Corporation has achieved $6 billion in Total Funds Raised;
From Google:
As of November 2024, Anthropic, an artificial intelligence (AI) startup, has raised a total of $13.7 billionin venture capital: [1, 2, 3]
2021: $124 million from investors including Jaan Tallinn and the Center for Emerging Risk Research [1]
2022: $580 million from Sam Bankman-Fried and his colleagues [1]
May 2023: $450 million from investors including Google and Salesforce [1]
August 2023: $100 million from two Asian telecoms [1]
Amazon: $8 billion, with a $1.25 billion first installment in September 2023 and a $2.75 billion extension in March 2024 [1, 2]
Anthropic has a valuation of over $40 billion. The startup is in discussions to raise more funding at that valuation. [2, 3, 4]
[1] https://www.nytimes.com/2024/02/20/technology/anthropic-funding-ai.html
[2] https://techcrunch.com/2024/11/22/anthropic-raises-an-additional-4b-from-amazon-makes-aws-its-primary-cloud-partner/
[3] https://www.instagram.com/tradedvc/p/DCr7_gnPUp-/
[4] https://www.youtube.com/watch?v=EtmOgUqQe7s
[5] https://www.forbes.com/profile/daniela-amodei/
Yep, the final phase-in date was in November 2024.