Business · Companies · 1 hr ago
Former Google CEO Schmidt owns 1% stake in Anthropic
A former Google chief executive named Schmidt owns a stake in Anthropic.
The stake is 1% of Anthropic.
The available information does not give Schmidt’s first name.
It does not explain when or how he acquired the stake.
It also does not describe Anthropic’s work or why Schmidt’s stake matters.
No next steps or further developments are stated.
Former Google CEO Eric Schmidt owns about a 1% stake in Anthropic, according to people familiar with the matter cited by Al Eqtisadiah.
Schmidt invested tens of millions of dollars in Anthropic’s early Series A funding round.
At a valuation of $2 trillion, his stake could raise his net worth by about a third to nearly $80 billion, according to the Bloomberg wealth index.
Anthropic was valued at $965 billion in its latest valuation, which would put Schmidt’s stake at about $10 billion.
The company is expected to begin marketing its planned initial public offering as soon as the week of November 9.
- Who
- Eric Schmidt, former Google CEO, owns the stake.
- What
- He owns about 1% of Anthropic after an early investment. It is unclear whether he has sold any of the stake.
- When
- Schmidt first invested in 2021. The investment was reported on October 20, 2026.
- Where
- Anthropic, a company that develops the Claude chatbot.
- Why
- Schmidt invested tens of millions of dollars in the company’s early Series A round. The stake could yield a large gain if Anthropic goes public at a high valuation.
This story does not have two clearly opposing sides.
Schmidt made his first bet on Anthropic when the company was valued at $461 million.
A $65 billion funding round raised Anthropic’s valuation above that of OpenAI for the first time.
Anthropic is expected to begin formally marketing its planned IPO.
The company is expected to begin trading its shares by no later than year-end.
- Stake
- About 1% of Anthropic
- Early investment
- Tens of millions of dollars in the Series A round
- Anthropic valuation at Schmidt’s first investment
- $461 million in 2021
- Latest Anthropic valuation
- $965 billion
- Potential valuation
- $2 trillion
- Schmidt’s estimated net worth at $2 trillion valuation
- Nearly $80 billion