Artificial intelligence company Anthropic has established a new corporate political action committee called "AnthroPAC," according to a statement of organization filed Friday. The employee-funded PAC represents the latest move by a technology firm to increase political engagement ahead of upcoming elections.

The PAC will be funded exclusively through voluntary employee contributions, following a common strategy among technology companies seeking to influence policy discussions. The timing positions the group to support candidates who align with Anthropic's policy agenda as midterm elections approach.

Separately, Anthropic has reportedly acquired stealth biotech AI startup Coefficient Bio in a $400 million stock transaction, according to reports from The Information and journalist Eric Newcomer. The acquisition would represent a significant expansion into biotechnology applications for the AI company.

Anthropic joins other major technology firms that have established political action committees to participate in the electoral process. The formation of corporate PACs has become increasingly common among AI and technology companies as regulatory scrutiny of the industry intensifies.

The dual announcements highlight Anthropic's efforts to expand both its political influence and business operations across different sectors. The company has positioned itself as a key player in the artificial intelligence industry while now seeking to shape policy discussions through political contributions.