Investment
Features
FeesSafety
Academy
More
Pluang+

Eric Schmidt's Anthropic stake could be worth up to $20B as AI startup nears $2T IPO.

Market News
20 Oct 2026
New York Post
View Source
Bullish
Eric Schmidt's Anthropic stake could be worth up to $20B as AI startup nears $2T IPO.

Former Google CEO Eric Schmidt invested tens of millions in AI startup Anthropic in 2021, acquiring about 1% ownership. With Anthropic's valuation potentially reaching $2 trillion ahead of its IPO, Schmidt's stake could be worth up to $20 billion, significantly boosting his net worth. The company, known for its Claude chatbot, is expected to start marketing its IPO in early November, with trading possibly beginning before Thanksgiving. This valuation would mark a massive increase from Anthropic's $461 million valuation during Schmidt's initial investment and surpass the growth of other tech bets like Uber.

Eric Schmidt's early bet on Anthropic highlights the ongoing interest in AI innovation within the tech sector. Meanwhile, Alphabet Inc (GOOGL), Google's parent company, trades at USD 341.35 on Pluang as of Oct 20, 2026, 23:51 WIB, down 0.82% for the day. The stock holds a market cap of $4.19 trillion and shows balanced order activity with 50% sell and 50% buy, reflecting steady investor engagement in related tech giants.

More News (GOOGL)

Alphabet's rising AI investments may hurt margins despite revenue growth, amid EU regulatory challenges.

Alphabet's rising AI investments may hurt margins despite revenue growth, amid EU regulatory challenges.

Alphabet Inc. plans to increase capital spending on AI infrastructure, which is expected to push free cash flow margins into negative territory despite revenue growth. The company anticipates stronger sales of its TPU hardware system by 2027, but low...

Company Fundamentals
Neutral
5 hours ago
AEP targets $147 with major nuclear and $4B fuel cell projects backed by Amazon and Alphabet.

AEP targets $147 with major nuclear and $4B fuel cell projects backed by Amazon and Alphabet.

American Electric Power (AEP) has a $147 price target from BTIG, implying a 17.9% upside from its current $124.72 price. The company is advancing a 960-megawatt nuclear project in Indiana with funding and power purchase support from Amazon, and a $4 ...

Analyst Insights
Bullish
5 hours ago
Microsoft claims AI models match OpenAI's output at 1/4 the cost, boosting investor confidence amid strong growth.

Microsoft claims AI models match OpenAI's output at 1/4 the cost, boosting investor confidence amid strong growth.

Microsoft announced its in-house AI models now deliver performance comparable to OpenAI's at just a quarter of the cost, significantly improving efficiency for enterprise customers. This cost advantage supports Microsoft's strong cloud growth, with A...

Market News
Bullish
8 hours ago
Nasdaq tech stocks rebound led by Nvidia and Tesla; Asia tech markets fall amid IPO buzz in India.

Nasdaq tech stocks rebound led by Nvidia and Tesla; Asia tech markets fall amid IPO buzz in India.

The Nasdaq Composite rose over 1% led by gains in tech giants Nvidia, Tesla, and Alphabet, signaling a cautious return of investor confidence in U.S. tech stocks after recent sell-offs. In contrast, Asian tech markets declined sharply, with South Kor...

Market News
Bullish
13 hours ago
Tech stocks dip on financing fears, but strong AI demand and solid earnings offer buying opportunities.

Tech stocks dip on financing fears, but strong AI demand and solid earnings offer buying opportunities.

Technology stocks recently declined due to concerns over how data center expansions are financed, rather than fundamental weaknesses. Taiwan Semiconductor reported a strong 41.2% year-over-year revenue growth driven by high demand for AI chips, with ...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App