{
  "id": 15713442,
  "title": "Schmidt’s Anthropic stake may yield $15–20 billion, hinges on 1% holding",
  "url": "https://urgent.news/2026/10/20/schmidts-anthropic-stake-may-yield-15-20-billion-hinges-on-1-holding",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-20T05:52:21.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/technology/tech-news/googles-ex-ceo-eric-schmidt-backed-anthropic-in-2021-with-tens-of-millions-ahead-of-ipo-his-stake-may-be-worth-/articleshow/135062368.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Former Google CEO Eric Schmidt owns about 1% of Anthropic, according to Bloomberg, setting him up for a massive windfall from the Claude maker’s upcoming IPO. Schmidt invested tens of millions of dollars in Anthropic’s 2021 Series A round, well before Google itself backed the AI startup. With investors discussing a valuation of $1.5 trillion to $2 trillion, his stake could be worth $15-20 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}