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Former Google CEO Schmidt Owns 1% Stake in Anthropic, Bloomberg Reports
The stake could rank among the biggest personal gains from Anthropic’s planned public listing, Bloomberg reported, after Schmidt invested tens of millions in Series A funding.
Summary by Channel News Asia
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Former Google CEO Schmidt owns 1% stake in Anthropic, Bloomberg reports
·London, United Kingdom
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Ahead of the initial public offering (IPO) of the AI startup Anthropic, early investor and former Google CEO Eric Schmidt is expected to realize an unrealized gain of tens of trillions of won. With the company's value skyrocketing since his initial investment in 2021, Anthropic's listing is expected to become a prime example of Schmidt's investment success.
Eric Schmidt’s 1% Anthropic Stake Set to Pay Massive Windfall
Former Google Chief Executive Officer Eric Schmidt owns around 1% of Anthropic PBC thanks to his early investment in the startup, according to people familiar with the matter, setting him up for one of the largest individual windfalls from the company’s imminent public market debut.
·New York, United States
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Coverage Details
Total News Sources7
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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