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According to insiders with knowledge of the situation, Eric Schmidt, the former CEO of Google, reportedly owns roughly a 1% share in the AI startup Anthropic. Should the company go public, Schmidt stands to gain significantly. Insiders revealed that Schmidt invested tens of millions of dollars during Anthropic's Series A funding round. It is still uncertain whether he has offloaded any shares since his initial investment. Anthropic is gearing up for an initial public offering (IPO), an event that promises substantial returns for its early investors and employees. Just last week, reports surfaced indicating that some investors, during a meeting, deliberated on Anthropic's valuation, which was pegged at approximately $1.5 trillion—a figure lower than the previously projected $2 trillion.
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