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TNW | Anthropic

Former Google CEO Eric Schmidt reportedly owns about 1% of Anthropic ahead of its IPO

The former Google chief bought into Anthropic’s 2021 Series A, a stake worth up to $20bn at listing.

Tarun Mottlia

Via TNW | Anthropic

·Excerpt
Former Google CEO Eric Schmidt reportedly owns about 1% of Anthropic ahead of its IPO
Image: Eric Schmidt speaking at The Grove in 2021 Credit: Village Global / CC B

Eric Schmidt, Google’s former CEO, owns about 1% of Anthropic, according to Bloomberg. If the AI company goes public at the valuations now being discussed, the stake could be worth billions of dollars.

Schmidt invested tens of millions of dollars in Anthropic’s Series A round in 2021, Bloomberg reported, citing people familiar with the matter. The report has not been independently verified, and Bloomberg said it was unclear whether Schmidt had sold any shares since his initial investment.

Anthropic raised…

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