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startup-valuation

Latest stories covering startup-valuation, with summaries and links to related coverage.

1 stories · 1 reports · page 1 of 1

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ai-investmentanthropic
  • Eric Schmidt reportedly owns about half as much of Anthropic as CEO Dario Amodei

    news

    1 min read

    Former Google CEO Eric Schmidt reportedly owns about 1% of Anthropic after investing tens of millions of dollars in the AI company’s 2021 Series A round, Bloomberg reported. PitchBook data valued Anthropic at $461 million during that financing. Bloomberg’s estimate would give Schmidt a stake roughly half the size of the 2% held by Anthropic co-founder and CEO Dario Amodei. Anthropic is widely expected to go public before the end of 2026, and some market estimates value the company at as much as $2 trillion. At that valuation, Schmidt’s reported 1% stake would be worth up to $20 billion. Bloomberg currently estimates Schmidt’s net worth at $57.5 billion. Schmidt has invested in technology companies since leaving the Google CEO role in 2011. He invests through Tomorrow Ventures, Innovation Endeavors Management, and his family office, Hillspire. His other AI investments include Mistral, General Intuition, and Reflection AI. Schmidt and Anthropic did not immediately respond to requests for comment.

    anthropiceric-schmidtai-investment
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