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IT Home · Published October 20, 2026, 07:47

Reports indicate that former Google CEO Schmidt holds a 1% stake in Anthropic and is poised to receive substantial returns from its upcoming IPO.

AI Brief

Elon Musk invested in Anthropic back in 2021 and currently holds about 1% of the shares. If the company's IPO valuation reaches $2 trillion, his net worth would increase by nearly one-third. Analysts expect Anthropic to launch its IPO this year; its current valuation has already surpassed OpenAI.

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