Ex-Google CEO Schmidt Holds 1 Percent Stake in Anthropic

Former Google CEO Eric Schmidt owns about a one percent stake in artificial intelligence startup Anthropic following an early funding round investment. The holding positions him for a major financial windfall as the company prepares for its initial public offering.

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FILE PHOTO: Eric Schmidt, Co-Founder, Schmidt Futures; Former CEO and Chairman, Google, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. REUTERS/Mike Blake/File Photo

Former Google CEO Eric Schmidt owns a 1% stake in Anthropic, positioning him for a multi-billion dollar windfall as the artificial intelligence startup prepares for an IPO.

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