Anthropic's seven co-founders want majority voting control of the artificial intelligence developer before it lists, according to The Information.
The proposed dual-class structure would give chief executive Dario Amodei and his co-founders a combined 50.1% of the votes on most corporate matters.
The arrangement borrows from Palantir Technologies, the data analytics group, whose founders hold their special shares collectively rather than individually.
Palantir's founders stop just short of 50%, however, so Anthropic's version would go a step further.
The co-founders would hold their supervoting stock through a separate limited liability company, as long as at least three of them keep a minimum shareholding.
The shares carry no extra economic rights, which matters because the founders have pledged to give away 80% of their personal wealth.
Their individual stakes are unusually small, leaving them exposed to public-market pressure without the new shares.
Anthropic's Long-Term Benefit Trust, an independent body that includes former Federal Reserve chair Ben Bernanke, would keep its power to appoint a majority of the seven-seat board.
The co-founders' board allocation would rise from two seats to three.
Employees would also receive a separate class of stock to act as a tie-breaker on some issues.
The listing is now expected in late October or November.
Anthropic was valued at $965 billion in a May funding round and is reportedly targeting around $2 trillion.
That would make it the most valuable public benefit corporation ever to list in the US, and a governance experiment investors will watch closely.
