Anthropic founders seek 50.1% voting control despite small stakes

Anthropic's seven co-founders are seeking majority voting control before the company goes public. They would hold 50.1% of the votes despite owning relatively small stakes, using a Palantir-style dual-class structure that keeps control with the founders after the IPO.

The governance ask comes alongside a massive spending commitment. Anthropic reported $4 billion in 2025 revenue and a $42 billion net loss, while its prospectus outlines $518 billion in planned cloud, computing, and infrastructure obligations.