Former Google CEO Eric Schmidt Owns 1% of Anthropic Ahead of Major IPO

Former Google CEO Eric Schmidt holds approximately 1% of Anthropic, positioning him for a potentially massive financial windfall as the artificial-intelligence startup approaches its long-awaited initial public offering, Bloomberg reported. Schmidt invested tens of millions of dollars in Anthropic's Series A round in 2021, when the company was valued at $461 million. His stake, acquired at that early stage, stands to generate substantial returns as Anthropic has since grown into one of the most valuable private AI companies in the world.