Anthropic says it is committing 5% of its shares to a new “public benefit” fund, with the amount potentially increasing as its shares grow in value

Artificial intelligence (AI) giant Anthropic says it will commit 5% of its shares to a fund that will make donations for the "public good". The announcement comes as Anthropic lays the ground for a potential blockbuster stock market listing that could value the firm at more than $1tn (£750bn).

The fund could send distributions directly to populations affected by AI labor disruption.

Anthropic said it wants to create a new charitable LLC with the company's stock as its sole asset.

Indonesian stocks ​slid to a six-year low on Monday in a record two-day rout and the rupiah fell after a warning from MSCI over possible expulsion ‌from its global indexes next year, heaping pressure on Jakarta to respond to the index provider's concerns.

Indonesian officials plan to meet with MSCI Inc. executives on Monday, according to people familiar with the matter, after saying they were blindsided by the index provider’s threat to reclassify the country as a standalone market — a much more severe step than they thought was under discussion during months of talks.

MSCI ( MSCI) last week said it will weigh reclassifying the MSCI Indonesia Indexes from "emerging market" to "standalone market" status, expecting a final decision by the end of June 2027. The index provider cited concerns over market dysfunction,

Indonesia’s stock exchange said on Monday it would expel tightly held companies from its flagship Jakarta Composite Index, in its latest attempt to avoid ejection from the benchmark MSCI global emerging market equity index.

The world’s second-biggest economy grew 4.5% for the July-September quarter from a year earlier, government figures showed, moving closer to meeting its annual target of 4.5% to 5%.

China on Monday said its economy grew 4.5% for the July-September quarter from a year ago, moving closer to meeting its official annual growth target as the year nears its end. The better-than-expected official data accelerated from the 4.

China said Monday its economy grew 4.5% for the July-September quarter from a year ago fueled by robust exports, moving closer to meeting its official annual growth target for the year as its trading partners seek to balance their trade deficits with the country.

China's economic growth rebounded to 4.5% year-on-year in the third quarter, beating expectations and easing the pressure on policymakers for delivering more aggressive stimulus measures to meet the annual target.