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yesterday

Reed Hastings Joins Anthropic Board to Shape Ethical AI Development

The appointment builds on Hastings’s leadership background alongside his $50 million AI research gift to bolster Anthropic’s commitment to responsible development

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Reed Hastings, founder and Co-C.E.O. of Netflix, arrives at the DealBook Summit in New York City, U.S., November 30, 2022. REUTERS/David 'Dee' Delgado/File Photo
MAD MONEY -- Pictured: Reed Hastings, CEO of Netflix, in an interview on September 18, 2015 -- (Photo by: Mark Neuling/CNBC/NBCU Photo Bank via Getty Images)

Overview

  • Reed Hastings was appointed to Anthropic’s board of directors by its Long Term Benefit Trust to guide the company’s strategic direction.
  • Anthropic’s valuation has surpassed $60 billion in recent fundraising as the firm focuses on building AI with built-in safety and societal frameworks.
  • Buddy Shah, chair of the Long Term Benefit Trust, cited Hastings’s executive experience and philanthropy on AI’s societal impact as key reasons for his selection.
  • Hastings stepped down as Netflix co-CEO in 2023 after a two-decade tenure and has held board roles at Facebook, Microsoft and Bloomberg.
  • Two months ago Hastings donated $50 million to Bowdoin College to launch a research initiative on AI and humanity that aligns with Anthropic’s own research priorities.