Eric Schmidt holds a 1% stake in Anthropic, potentially worth $20 billion after IPO

According to Bloomberg citing people familiar with the matter, former Google CEO Eric Schmidt holds a 1% stake in Anthropic, and if Anthropic goes public at a target valuation of $2 trillion, this stake could be worth $20 billion. Schmidt was introduced to Dario Amodei by Cami Clark and participated in Anthropic's $124 million Series A financing in 2021, when the company was valued at $461 million; after the financing on May 28 this year, its valuation had reached $965 billion. Anthropic's revenue in the first half of this year was $16.3 billion, compared with $1.1 billion in the same period last year, while its loss in the same period was $80.7 billion, of which $72 billion came from accounting accruals for the appreciation of financing instruments such as convertible bonds.