Eric Schmidt Wrote a Check to Anthropic Before the AI Boom: Here’s How Big the Payoff Could Get

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Former Google CEO Eric Schmidt reportedly holds about 1% of Anthropic PBC through an early investment, potentially giving him one of the largest individual windfalls from the artificial intelligence company's upcoming public market debut. Early Series A Bet Schmidt invested "tens of millions of dollars" in Anthropic's Series A round, according to a Bloomberg report published Monday, citing people familiar with the matter. However, it is unclear whether he has sold any stake of his early investment. Anthropic and Schmidt did not immediately respond to Benzinga's request for comment. Don't Miss: A single bad hire can set a startup back years.