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Former Google CEO Eric Schmidt owns about 1% of Anthropic from an early Series A investment, which could yield billions if the AI company goes public at a valuation of up to $2 trillion,
Bloomberg reports. Schmidt invested tens of millions of dollars in Anthropic's 2021 Series A round, when the startup was valued at $461 million, according to people familiar with the matter. The IPO is expected by end-2026, with marketing due around November 9,
The Straits Times adds.
