According to Bloomberg, former Google CEO Eric Schmidt now holds roughly a 1% equity stake in AI startup Anthropic PBC. He invested tens of millions of dollars in Anthropic's 2021 Series A round, when PitchBook data valued the company at $461 million. Private market indicators point to a fair valuation of $1.8 trillion to $2 trillion ahead of the planned IPO, more than 4,300 times the Series A valuation at the upper end. At the more recent private valuation of $965 billion, Schmidt's $57.5 billion net worth could rise by nearly $10 billion, and Anthropic plans to begin IPO marketing as early as the week of November 9, with trading expected before Thanksgiving and no later than year-end.
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| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/19/2026 | 344.18 |
| Change that session | +1.05% |
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