IPO
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Anthropic pledges 5% of its shares to a public benefit fund ahead of IPO
The stake, which still needs stockholder approval, can grow as the valuation rises, and the company says job losses caused by AI are among the problems it could fund.
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Microsoft walks away from Nscale’s Essex data centre weeks before $3bn IPO
Grid officials told the British cloud provider its Loughton site may not get power until the 2030s; Microsoft and Anthropic make up 85% of its contracts.
