Artificial intelligence (AI) giant Anthropic says it will commit 5% of its shares to a fund that will make donations for the "public good". The announcement comes as Anthropic lays the ground for a potential blockbuster stock market listing that could value the firm at more than $1tn (£750bn).

The fund could send distributions directly to populations affected by AI labor disruption.

Anthropic said it wants to create a new charitable LLC with the company's stock as its sole asset.

Anthropic will commit 5 percent of its shares to a new fund aimed at supporting public good and labor market needs.

Oil prices slipped ​in early Asian ‌trade on Monday after US President ​Donald Trump waived ​sanctions and tariffs ⁠on Russia that ​may lead ​to more Russian fuel exports.

President Donald Trump defended his decision to ease sanctions on Russia as he faces growing anger in Congress over his approach to Moscow.

Oil prices fell Monday after President Trump waived sanctions and tariffs on Russia, a move that may allow more Russian fuel exports. What the 60-day review mea

Crude Oil Price Today, October 19: Brent crude futures were recently trading around $108.86 per barrel, down approximately 0.91 per cent.​​

The world’s second-biggest economy grew 4.5% for the July-September quarter from a year earlier, government figures showed, moving closer to meeting its annual target of 4.5% to 5%.

China on Monday said its economy grew 4.5% for the July-September quarter from a year ago, moving closer to meeting its official annual growth target as the year nears its end. The better-than-expected official data accelerated from the 4.

China said Monday its economy grew 4.5% for the July-September quarter from a year ago fueled by robust exports, moving closer to meeting its official annual growth target for the year as its trading partners seek to balance their trade deficits with the country.

China's economic growth rebounded to 4.5% year-on-year in the third quarter, beating expectations and easing the pressure on policymakers for delivering more aggressive stimulus measures to meet the annual target.