Anthropic has established a Long-Term Benefit Trust and will create Class T special stock to be held by Class T directors, the company announced October 26. The governance framework includes a provision allowing Anthropic to issue additional Class N shares equal to up to 2% of total share capital to a charitable fund each time its share price rises 50%. Co-founders have each pledged 80% of their personal equity in Anthropic to charity. The company repurchased approximately 4.5 million Series B preferred shares in October 2025 and reported $541 million in expenses related to its donation matching program for the year ended December 31, 2025. Under a Broadcom lease arrangement, total rent over the lease term excluding interest is approximately $161.2 billion. Computing and infrastructure costs are expected to remain Anthropic's largest operating expense, with planned spending of up to approximately $114.5 billion with Google through 2033.