Anthropic prepares October IPO near $1 trillion, Newsom-linked nonprofits poised

Anthropic ties shape California AI regulation

Anthropic's tech is already helping California's tax department and shaping Newsom's "Engaged California" AI regulation plan.
The IPO windfall might fund progressive projects backed by these nonprofits.
Plus, Omidyar and allies have helped train lawmakers on issues like algorithmic bias and privacy — giving them real influence over how AI gets regulated in California.

Critics worry this tight relationship gives Anthropic an edge in setting rules that favor its business.