Market Chatter: Amazon-Backed Anthropic Founders to Control 50.1% Voting Power Through New LLC

MT Newswires Live09-29 17:56

Amazon (AMZN)-backed Anthropic's seven co-founders, including CEO Dario Amodei, will initially form a new Founder LLC that will control a Class F share carrying 50.1% of the company's total voting power, Reuters reported Tuesday, citing the IPO prospectus it reviewed.

The structure will give the founders significant control over key corporate matters, including the election of certain directors, the report said. Anthropic will also continue operating as a Public Benefit Corporation, allowing its leaders to balance investor interests with its stated mission of benefiting humanity through responsible AI, it said.

The filing, according to the report, warns the structure could lead to decisions that conflict with financial interests and negatively affect Class A stockholders.

Anthropic did not immediately respond to MT Newswires' request for comment.

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