Former Google CEO Eric Schmidt Allegedly Holds About 1% of Anthropic

According to sources, former Google CEO Eric Schmidt owns approximately 1% of the AI startup Anthropic; this means he could stand to gain a substantial windfall if Anthropic goes public. Sources say Schmidt invested tens of millions of dollars in Anthropic's Series A funding round. It is unclear whether he has since sold any of his shares. Anthropic's planned initial public offering (IPO) is expected to deliver significant returns for early investors and employees. Last week, reports indicated that some investors discussed a valuation of around $1.5 trillion at a meeting, a figure lower than the previously anticipated $2 trillion.