Former Google CEO Eric Schmidt is poised to reap a massive financial reward from his early investment in Anthropic PBC. According to sources familiar with the matter, Schmidt holds approximately 1% of the company, a stake he acquired during its Series A fundraising round. The exact amount he invested remains undisclosed, but it is reported to be in the tens of millions of dollars.
Anthropic’s impending public market debut is expected to generate significant returns for Schmidt, making it one of the largest individual windfalls from the company. The sources, who requested anonymity due to the private nature of the information, did not confirm whether Schmidt has sold any portion of his stake since the initial investment.
The investment highlights Schmidt’s continued interest in the tech sector, particularly in artificial intelligence. His involvement with Anthropic underscores the growing prominence of AI startups and the potential for substantial returns for early investors.