Netflix Inc. co-founder and Chairman Reed Hastings is joining the board of the artificial intelligence startup Anthropic, bolstering oversight of the company with a veteran technology industry executive and philanthropist.

Reed Hastings is joining Anthropic's board. Hastings also serves on the boards of Bloomberg and the City Fund.

Netflix chairman Reed Hastings has joined the board of directors of Anthropic, an artificial intelligence company whose major investors include Amazon. Anthropic, a rival to OpenAI, was founded in 2021 as a public benefit corporation.