The version of this article first appeared on CNBC’s Inside Wealth Newsletter. This is Robert Frank, a weekly guide for Net-Worth Investor and Consumer. Sign up and receive future editions directly in the receiving box. Eric SC HMIDT, a former Google CEO billionaire, has become known as “AI Whisperer” in his extensive prediction and warnings on artificial intelligence. However, behind the scenes, Schmidt’s family office has been betting dozens to a private AI startup. The HillSpire family office has been investing in 22 private AI companies since 2019. Last year alone, Hillspire invested 13 on AI startups. This accounts for more than three -quarters of all the startups of Schmidt. The amount of investment has not been revealed, so it is unknown how much Schmidt invests in each company. Some of the investments were followed by the same company. However, according to Fintrx, the 22 financing rounds, which have more than $ 5 billion since 2019, are round rounds. The SCHMIDT bets includes the largest AI startups, such as human, H (former Holistic AI), and Sandboxaq. It also includes small and medium -sized enterprises such as Swiss Startup Optiml, Altera and Inworld AI. Schmidt became one of the major evangelists of artificial intelligence, and wrote one of the clear books on the “The Age of AI” on technology, along with Henry Kissiner and Daniel Hatten Locker. He is also a major voice about AI’s potential dangers. Schmidt is an interview with ABC News at the end of last year, saying that when computers can learn and execute everything, “it is dangerous. When the system can improve themselves, we need to seriously think about it. There is, “he said. Forbes reported this month that Hillspire also provides funds to AI startup focusing on videos and social media called Hooglee. Hooglee website stated that “about the mission of changing the way people connect through the power of AI and video.” Schmidt was a long -standing high -tech leader, but he is not alone among family offices who are interested in AI. UBS surveys showed that artificial intelligence is the biggest investment theme of family offices. According to UBS GLOBAL FAMILY OFFICE reports, three -quarters of the family office to be investigated (more than 78 % are planned to invest in AI. Hillspire’s AI startup investment list is as follows. Cleared: This The article has been updated to clarify that the Eric SC HMIDT family office has invested in a company known as Holistic AI.
Former Chairman and CEO of Google, Eric SC HMIDT.
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The version of this article first appeared on CNBC’s Inside Wealth Newsletter. This is Robert Frank, a weekly guide for Net-Worth Investor and Consumer. Sign up and receive future editions directly in the receiving box.
Former CEO Eric Schmidt GoogleFor his widespread prediction and warning on artificial intelligence, he has become known as “The AI Whisperer”.
