Former Google CEO Schmidt owns 1% stake in Anthropic, Bloomberg reports
· Technology · Reuters, TechCrunch
Eric Schmidt, former Google chief executive, holds a 1% stake in artificial intelligence startup Anthropic, Bloomberg reported. The investment marks Schmidt's continued involvement in the AI sector following his departure from Google. Anthropic, co-founded by former OpenAI researchers, focuses on developing safe and reliable AI systems.
Why it matters
Schmidt's stake underscores continued high-level interest in AI safety and development as the technology sector intensifies focus on responsible AI deployment. His involvement adds credibility to Anthropic's mission amid competitive pressure from better-funded rivals.
Read the original report — Reuters
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