Elon Musk and AI giant Anthropic have announced plans for multibillion-dollar public giveaways, as Silicon Valley faces mounting scrutiny over AI’s impact on jobs and safety. Musk pledged on Monday to give every American child a share in SpaceX, in a giveaway potentially worth $10.5bn (£7.9bn)…
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October 19, 2026 at 2:25 PM
Musk and Anthropic seek to temper AI backlash with billion-dollar giveaways
CityAM
Excerpt from CityAM.