Former Google CEO Eric Schmidt reportedly owns about 1% of Anthropic, a stake that could be worth nearly $10 billion at the AI company’s reported valuation, according to Bloomberg sources cited by BlockBeats.
Stake estimate
Schmidt invested tens of millions of dollars in Anthropic’s 2021 Series A, when the company was valued at $461 million. Investors last week reportedly viewed Anthropic at $1.8 trillion to $2 trillion; using a recent $965 billion valuation, the 1% stake would be near $10 billion.
IPO timing
People familiar with the matter said an IPO roadshow could begin as early as the week of Nov. 9, with trading potentially starting before Thanksgiving and a listing by year-end. Schmidt and Anthropic declined to comment, and it is unclear whether he has sold part of the holding.
Source: BlockBeats flash.