SignalTech/AI

Former Google CEO Eric Schmidt's 1% Anthropic stake could be worth $20 billion at IPO

Eric Schmidt's 1% Anthropic stake could reach $20 billion at IPO.

Context

What happened: Former Google CEO Eric Schmidt holds a 1% stake in Anthropic, acquired through an investment of tens of millions of dollars in the AI startup's Series A round. Key numbers: 1% stake; tens of millions invested in Series A; stake could be worth $20 billion at IPO. Why it matters: Investors are split on Anthropic's IPO valuation, per the report. Coverage: 4 outlets in 24h

What changed

Former Google CEO Eric Schmidt holds a 1% stake in Anthropic, acquired through an investment of tens of millions of dollars in the AI startup's Series A round.

Why it matters

Investors are split on Anthropic's IPO valuation, per the report.

Sources