Eric Schmidt stands to gain big from Anthropic's IPO
Former Google chief executive Eric Schmidt holds roughly a 1% stake in AI startup Anthropic, which is heading toward a public listing. Bloomberg reported the holding on October 19, 2026.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
Former Google CEO Eric Schmidt owns a roughly 1% equity stake in the artificial intelligence startup Anthropic PBC, according to Bloomberg. He invested tens of millions of dollars in the company's Series A round in 2021. The stake could bring him a large windfall as Anthropic prepares for its initial public offering.
Why it matters
The stake could be worth a massive windfall for Schmidt once Anthropic goes public. Investors are reportedly split on the company's IPO valuation.
Timeline
- 2021: Eric Schmidt wrote a personal check worth tens of millions of dollars to Anthropic, then a young AI startup, in its Series A round.
- Oct 19, 2026: Bloomberg reported that Eric Schmidt owns a roughly 1% stake in Anthropic PBC ahead of its IPO.
- Oct 20, 2026, 7:27 AM ET: Investors were reported to be split on Anthropic's IPO valuation.
Coverage
- Former Google CEO Eric Schmidt owns a 1% stake in Anthropic ahead of its IPO (qz.com)
- Eric Schmidt poised for major windfall from Anthropic’s public debut (TradingView)
- Ex-Google CEO Eric Schmidt Reportedly Owns 1% Of Anthropic (stocktwits.com)
- Eric Schmidt’s 1% Anthropic stake sets up massive windfall ahead of IPO -Bloomberg (Investing.com)
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