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National News

The Times of India

National / The Times of India

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Schmidts Anthropic stake may yield $1520 billion, hinges on 1% holding

Former Google CEO Eric Schmidt owns about 1% of Anthropic, according to Bloomberg, setting him up for a massive windfall from the Claude makers upcoming IPO. Schmidt invested tens of millions of dollars in Anthropics 2021 Series A round, well before Google itself backed the AI startup. With investors discussing a valuation of $1.5 trillion to $2 trillion, his stake could be worth $15-20 billion.

20 Oct 2026 11:22 am