Silicon Valley’s Next IPO Billionaires Are Coming. Nonprofits Are Ready for Them

Anthropic and OpenAI employees are expected to have equity stakes that could generate significant wealth if their companies conduct initial public offerings. Nonprofit organizations have begun preparing to receive donations from employees at both companies, according to statements from nonprofit leaders. One nonprofit leader said, "It's going to be a wild ride." Neither Anthropic nor OpenAI has announced plans for a public offering.

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