# Eric Schmidt — News Log
Rolling chronological record of news developments. Major items that change the structural analysis get promoted to [[Eric Schmidt]]. This log preserves the full context and source links.
---
## 2026-10-06 — An Army Bomb Plant Will Load the Warheads for Eric Schmidt's Drones
**Source:** Defence Blog, October 6, 2026.
### 🔴 Major
**The McAlester Army Ammunition Plant in Oklahoma will build, load and deliver combat-ready explosive payloads for the drones of [[Perennial Autonomy]], the strike-and-interceptor company backed by [[Eric Schmidt]] — marked with a ribbon-cutting ceremony at the plant.** Perennial supplies the airframes and guidance; the government supplies the warheads. The Army did not disclose which models, what quantities, what the arrangement is worth, or when deliveries start.
**The structural content is the division of labour, not the dollar figure.** Perennial's existing position is already substantial: a three-year JIATF-401 contract with a $500 million ceiling covering the Merops interceptor, the Bumblebee quadcopter family and the Hornet fixed-wing strike drone; the deep-strike win in Gauntlet II with an order for 8,000 drones at an unpublished value; 13,000 Merops interceptors bought early in the war with Iran at roughly $15,000 each, per Army Secretary Dan Driscoll; and 48 Merops sold to Lithuania. What is new here is that the *lethal* component now comes from a government arsenal rather than from the vendor — the state loads the warhead onto the billionaire's airframe.
**Why that is a KB-grade distinction.** Every other vertically integrated defense-tech firm in this file sells a finished weapon and books the whole margin. This arrangement splits the weapon in two and puts the regulated, politically visible half — explosives manufacture, with its facility permits, safety record and congressional district — on the public books, while the autonomy, targeting and software stay proprietary. It is a cleaner version of the same trade the [[Eric Schmidt]] page has been tracking since the Relativity move: let the government own the capital-intensive and the liability-bearing, keep the layer that scales. Plant officials called it a "critical force multiplier" and "a testament to the agility and generational skill of the workforce at McAlester."
**The disclosure note belongs on this page specifically.** Schmidt continues to be identified in national coverage by his Google past and his [[Relativity Space]] present while commenting publicly on drone warfare and Ukraine's drone position — the pattern logged on **2026-09-09**. Perennial Autonomy is the holding that makes those comments self-interested, and it is the one that does not appear in the bylines.
⚠️ **Single-sourced.** One trade outlet; the Army did not publish a contract notice, PIID or value, and no figure here can be traced to a federal award record. Treat the $500M ceiling and the 8,000-drone order as press-reported.
**Sources:**
- [Defence Blog: "U.S. Army bomb plant will arm Eric Schmidt's drones"](https://defence-blog.com/u-s-army-bomb-plant-will-arm-eric-schmidts-drones/)
---
## 2026-09-15 — "Computers Will Develop War Plans Within a Swarm": Schmidt Tells NBC the Drone War Gets Much Worse, Identified as Relativity CEO and Nothing Else
**Source:** NBC News, September 15, 2026 (interview for "The World with Richard Engel and Yalda Hakim"); NBC Bay Area syndication, published 2026-09-15T09:31:48Z.
### 🟡 Notable
**Six days after the op-ed below, [[Eric Schmidt]] made the same argument on television, with the machine-autonomy conclusion stated plainly: "Humans can't run a swarm of 1,000 drones, but a computer can. So what I think will happen is computers will develop war plans within a swarm."**
Other quotes: "The rate of innovation is faster than I've ever seen, and I work in tech." / "Whoever plays the game of fastest innovation to scale will win this war." / "The battlefield today is a no man's land where nothing moves." The technical claim underneath is that Russia has fitted Shahed drones with cheap Chinese jet engines, taking them past 300 mph against roughly 110 for older versions, per the Open Source Munitions Portal.
**NBC identifies him as [[Relativity Space]] CEO and says he "is helping [[Ukraine]] fight a technological battle." It does not mention Swift Beat, the drone company he runs.** That is the second national outlet in a week to publish his assessment of the drone war without disclosing that he sells drones into it. See the entry below.
**Sources:**
- [NBC News: "Ukraine's futuristic war could get 'much worse,' ex-Google CEO says"](https://www.nbcnews.com/world/ukraine/ukraine-russia-drone-war-eric-schmidt-google-rcna597661)
- [NBC Bay Area syndication](https://www.nbcbayarea.com/news/national-international/ukraine-futuristic-war-could-get-much-worse-ex-google-ceo/4143062/)
---
## 2026-09-09 — Schmidt Tells the Washington Post That Ukraine Has Lost Its Drone Edge. The Byline Does Not Mention That He Sells Drones to Ukraine.
**Source:** *Washington Post* opinion, September 9, 2026 (paywalled); Kyiv Post, September 2026; DroneXL, September 11, 2026.
### 🔴 Major
**In "How Russia is erasing Ukraine's battlefield advantage," [[Eric Schmidt]] argues that Ukraine's weeks-long drone iteration cycle no longer beats a Russia that has paired industrial mass with its own innovation, and that Moscow is moving toward total war. His prescription: co-produce interceptors, ammunition and long-range strike with Ukraine's defense industry. The byline identifies him as former Google CEO and chair of the Special Competitive Studies Project. It does not identify him as the operator of Swift Beat, the drone company that signed a co-production memorandum with Ukraine's Ministry of Defense on July 3, 2025.**
The specific claims: jet-powered Shaheds now outrun Ukrainian interceptors; Russia is building a Starlink rival; roughly 80% of Ukrainian casualties occur while moving between positions; a Ukrainian commander told him his unit "stopped looking for targets" for lack of drones. The closing line: "Lauding Ukrainian resilience is not a strategy."
**The disclosure gap is the item, and it is worth being precise about who failed.** DroneXL's characterization — that Schmidt "sells the cure he prescribes," and that the omission is "the Post's failure more than Schmidt's" — is one outlet's editorial judgment and is the only place the critique has been made. It is nonetheless the correct frame for this log. The pattern this page has tracked since 2023 is **influence through advisory perch**: SCSP, the Defense Innovation Board, the National Security Commission on AI — positions that confer the standing to say what the country should buy, held by a man whose portfolio sells it. An op-ed byline that lists the think tank and omits the company is that arrangement working exactly as designed. The prescription he offers — co-produce with Ukraine's defense industry — is a description of what Swift Beat's July 2025 MOU already does.
**Sources:**
- [Washington Post (opinion, paywalled): "How Russia is erasing Ukraine's battlefield advantage"](https://www.washingtonpost.com/opinions/2026/09/09/how-russia-is-erasing-ukraines-battlefield-advantage/)
- [Kyiv Post coverage](https://www.kyivpost.com/post/84288)
- [DroneXL: "Eric Schmidt warns Ukraine drone edge gone, sells fix"](https://dronexl.co/2026/09/11/eric-schmidt-warns-ukraine-drone-edge-gone-sells-fix/)
---
## 2026-09-09 — NASA Puts Relativity's Terran R on Its Launch Contract Before the Rocket Has Ever Flown
**Source:** NASA HQ contract release C26-011, September 9, 2026 (via GlobalSecurity.org, verbatim); Tech Times, September 10, 2026.
### 🟡 Notable
**[[NASA]] on-ramped [[Relativity Space]]'s Terran R to the NASA Launch Services II contract — a multiple-award IDIQ with ordering through June 2030 and performance through December 2032 — joining United Launch Services, Northrop Grumman, Blue Origin and [[SpaceX]]. Terran R has not flown.**
It was already committed to NASA's **Aeolus** Mars orbiter, announced June 17, 2026, for a 2028 launch. Relativity cites more than $3 billion in Terran R launch service agreements. Hardware status as of early September: first-stage structural qualification complete, second stage cryoproofed and preparing for first hot fire at Stennis, engine integration begun on the first-flight booster, LC-16 rebuild powered via two 22 kV feeds.
**The schedule risk is real and single-sourced.** Orlando Sentinel reporting characterized by Tech Times indicates the debut has slipped to 2027; Relativity's own site still says late 2026, and the company has not confirmed a slip. This matters because Aeolus's 2028 Mars window is fixed by orbital mechanics and the next one is roughly 26 months later.
**Why log it.** This is the same structure as the entry above, rendered as procurement rather than opinion: a federal agency adding an unflown vehicle from a Schmidt-run company to its standing launch contract and to a planetary science mission. It also sits underneath the orbital-data-center ambition — [[Relativity Space]] positions Terran R as the vehicle that makes mass deployment of compute in orbit affordable, which is the supply side of the problem tracked on [[The Quest for 90 Gigawatts]].
**Sources:**
- [GlobalSecurity.org (verbatim NASA HQ release C26-011)](https://www.globalsecurity.org/space/library/news/2026/space-260909-nasa01.htm)
- [Tech Times: "NASA approves Relativity Space Terran R for bidding; rocket holds confirmed Mars mission"](https://www.techtimes.com/articles/327236/20260910/nasa-approves-relativity-space-terran-r-bidding-rocket-holds-confirmed-mars-mission.htm)
- [NASASpaceFlight: "Cape neighbors Stoke, Relativity advance LC-14, LC-16"](https://www.nasaspaceflight.com/2026/09/cape-neighbors-stoke-relativity-advance-lc-14-lc-16/)
---
## 2026-08-21 — The Anti-Tax Coalition Turns on Itself: Schmidt Breaks With Brin Over How the $100M Prop 40 War Chest Is Being Spent
**Source:** Fortune, August 21, 2026, citing a New York Post report of August 16 and a statement from an adviser to Schmidt.
### 🟡 Notable
**Schmidt has grown frustrated with Building a Better California — the ultra-wealthy coalition led largely by [[Sergey Brin]] that has spent more than $100 million against California's one-time billionaire wealth tax — because his money is being routed into ballot fights he did not sign up for, and because the campaign has lost the ones that count.**
The measure at issue, **Proposition 40**, would impose a one-time 5% levy on the net worth of California residents worth more than $1 billion as of January 1, 2026. The state's Legislative Analyst's Office estimates it would touch a few hundred people and raise tens of billions. Bloomberg puts Schmidt's own fortune at $58.1 billion, so he is inside the target set.
Two things went wrong for the coalition at once. On August 2 the California Democratic Party endorsed Prop 40 — clearing the endorsement threshold at 61.7% — with Bernie Sanders and [[Ro Khanna]] as its most visible champions and SEIU United Healthcare Workers West as the sponsoring institution. The same convention declined to back **Propositions 41 and 42**, the two billionaire-funded counter-measures built to defang the wealth tax: 41 would force state audits of programs funded by new special taxes, and 42 would outlaw retroactive taxation outright, which would kill Prop 40 on contact. Both still go to voters in November, but without party cover.
An adviser to Schmidt told *Fortune* he was not "irate" about the endorsement itself and that his "only current involvement in politics is his contributions to defeating the billionaires tax" — which is the actual complaint. His roughly $3 million is being spent on adjacent measures, including **Proposition 45** on environmental review, rather than concentrated on Prop 40. Brin has supplied the bulk of the committee's money, over $100 million; other donors include [[John Doerr]] ($7.5M), [[Ripple]] executive chair [[Chris Larsen]] ($10M), and Stripe CEO [[Patrick Collison]] ($7M). [[Palmer Luckey]] and Mark Cuban have both taken the fight to X against Khanna.
**Why notable:** This log has tracked Schmidt as a man who funds both sides of the disruption he forecasts. Here the pattern shows up in a smaller frame: he wants a *targeted* defensive purchase and is discovering that when you hand money to a coalition, you buy the coalition's whole agenda. The structural point is about the vehicle, not the man — Building a Better California is a pooled billionaire committee, and pooled committees convert individual donors into general-purpose political capital that a lead funder directs. The lead funder here is Brin, not Schmidt. Note also that the KB already holds a January 14, 2026 [[Thiel California Wealth Tax Donation]] against the same measure, which makes Prop 40 the single largest cross-factional billionaire defensive spend in the vault. Watch whether Schmidt earmarks or withdraws, whether Props 41 and 42 poll credibly without party endorsement, and whether the $100M+ opposition ends up as evidence *for* the measure in the closing argument.
Sources:
- [Fortune: "Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California's billionaire tax is spent"](https://fortune.com/2026/08/21/eric-schmidt-google-sergey-brin-billionaire-opposition/)
- [New York Post: "Ex-Google CEO Eric Schmidt rages at anti-billionaires tax coalition"](https://nypost.com/2026/08/16/us-news/ex-google-ceo-eric-schmidt-rages-at-anti-billionaires-tax-coalition/)
- [Los Angeles Times: "California Democratic Party endorses Prop 40 billionaire tax"](https://www.latimes.com/politics/story/2026-08-02/california-democratic-party-endorses-prop-40-billionaire-tax)
- [Ballotpedia: California Proposition 40 (2026)](https://ballotpedia.org/California_Proposition_40,_One-Time_Wealth_Tax_for_State-Funded_Healthcare,_Education,_and_Food_Assistance_Programs_Initiative_(2026))
---
## 2026-07-22 — UBN: The Kyiv Position Deepens — Schmidt Money Now Backing Ukrainian Drone Makers Alongside the Real-Estate Stake
**Source:** UBN (Ukraine Business News), July 22.
### 🟡 Notable
**UBN reports that Eric and Wendy Schmidt have invested tens of millions of dollars in Kyiv commercial real estate and backed Ukrainian drone manufacturers, framing the couple as lead indicators of global investors treating [[Ukraine]] as a long-term play.**
The real-estate leg is the Dragon Capital stake documented in the June 19 entry; the new element is the explicit reporting of direct backing for Ukrainian drone makers — domestic manufacturers, distinct from Schmidt's own [[White Stork]]/Swift Beat ventures. That closes the loop the June entry flagged as positional: doctrine (Noema's "precision mass"), his own production ventures, equity in local producers, and physical-asset exposure to the reconstruction, all in one country.
**Why notable:** Each leg strengthens the others — the drone-maker investments profit from the procurement doctrine Schmidt evangelizes, and the property portfolio appreciates if the security his drones provide holds. It's the fullest private-actor alignment of thesis, product, and balance sheet this log tracks. Watch for names and sizes of the drone-maker stakes surfacing in Ukrainian registries.
Sources:
- [UBN: "Former Google CEO Eric Schmidt Invests in Kyiv Real Estate and Ukrainian Drone Makers"](https://ubn.news/former-google-ceo-eric-schmidt-invests-in-kyiv-real-estate-and-ukrainian-drone-makers/)
---
## 2026-07-14 — Schmidt Signs the "We Must Act Now" Letter Warning of Large-Scale AI Job Displacement
**Source:** Santa Barbara Independent (July 14); Yahoo Finance / Fortune (mid-July).
### 🟡 Notable
**Schmidt joined 200+ economists, researchers, and technology leaders — including Anthropic cofounder Jack Clark — in signing an open letter warning that AI could drive "large-scale job displacement" and fundamentally reshape the global economy, urging policymakers to act now.**
The letter puts Schmidt on the labor-disruption side of the AI-alarm ledger in the same month he continued scaling drone ventures and data-center energy investments premised on maximum AI acceleration. Reid Hoffman was among the co-signers.
**Why notable:** Classic Schmidt two-step, flagged repeatedly in this log: warn publicly about the disruption while investing in the machinery producing it. The letter is also a useful marker of elite consensus shifting — when the NSCAI author and the frontier labs' own cofounders co-sign a displacement warning, the "AI jobs shock" frame has moved from labor-economist worry to establishment position. Cross-reference: the Fed's new Productivity and Jobs task force (see [[Marc Andreessen News Log]], July 9) was chartered the same month to study exactly this question.
Sources:
- [Santa Barbara Independent: "Eric Schmidt, Santa Barbara Resident and Former Google CEO, Signs 'We Must Act Now' AI Statement"](https://www.independent.com/2026/07/14/eric-schmidt-santa-barbara-resident-and-former-google-ceo-signs-we-must-act-now-ai-statement/)
- [Yahoo Finance: "Read the letter Eric Schmidt, Reid Hoffman, and top economists signed warning about AI's threat to jobs"](https://finance.yahoo.com/technology/ai/articles/read-letter-eric-schmidt-reid-125618599.html)
---
## 2026-06-19 — Noema Interview: "The Largest Revolution in Military Affairs in History"; Plus Catch-Up: $55–70M Kyiv Real Estate Stake via Dragon Capital
**Source:** Noema Magazine (~June 19); Kyiv Independent / Forbes Ukraine (reported June 9; catch-up item missed by the June 17 sweep).
### 🟡 Notable
**In a long Noema interview, Schmidt lays out his "precision mass" doctrine — cheap drones, GPS, and sensors have collapsed the old trade-off between mass and accuracy — and calls it "the largest revolution in military affairs in history" that Western militaries have not absorbed.**
Schmidt, speaking as the builder of AI-drone ventures for [[Ukraine]] (White Stork / Swift Beat), argues warfare has entered an era where militaries can field huge numbers of weapons that each hit exactly what they aim at; he cites Ukrainian drone units causing 96% of Russian casualties in March, making the drone operator the highest-value target on the battlefield. On autonomy he says humans will still hold "the central role in life-and-death decisions," though the human-machine relationship is "rebalancing."
**Why notable:** This is the ideological companion piece to the hardware: the same man who wrote the [[National Security Commission on Artificial Intelligence]] strategy, then built [[White Stork]] to fulfill it, is now supplying the doctrine that makes his product category the center of military procurement. The "West hasn't absorbed this" framing is a sales pitch wearing a warning's clothes — the recurring Schmidt pattern this log tracks.
**Catch-up — the Kyiv real estate stake (June 9):** Forbes Ukraine reported that Schmidt and his wife Wendy acquired stakes of 36% each in seven companies of the Kyiv-based Dragon Capital group — a portfolio including the Eurasia and Prime business centers, the Piramida shopping mall, and the East Gate Logistic complex — worth an estimated **$55–70M**, with ownership changes appearing in state registers in late May and early June. Ukrainian coverage framed it as "great news for Ukraine's investment climate." For this log the significance is positional: Schmidt now holds physical-asset exposure in the same country where his drone ventures operate and where he has become one of the most consequential private actors in the war — aligning his balance sheet with the reconstruction thesis while his companies arm the defense.
Sources:
- [Noema: "AI & Drones: Eric Schmidt On The Biggest Revolution In The History Of Warfare"](https://www.noemamag.com/ai-drones-eric-schmidt-on-the-biggest-revolution-in-the-history-of-warfare/)
- [Kyiv Independent: "'Great news for Ukraine's investment climate' — What we know about ex-Google CEO's Kyiv real estate investment"](https://kyivindependent.com/great-news-for-ukraines-investment-climate-what-we-know-about-ex-google-ceos-kyiv-real-estate-investment/)
- [United24 Media: "Former Google CEO Eric Schmidt Invests $55 Million in 7 Kyiv Real Estate Assets"](https://united24media.com/business/former-google-ceo-eric-schmidt-invests-55-million-in-7-kyiv-real-estate-assets-19655)
---
## 2026-06-17 — NASA Picks Schmidt's Relativity Space for a 2028 Mars Orbiter (Aeolus) — Carrying an On-Orbit "Relay Data Center" Running AI
**Source:** TechCrunch, SpaceNews, Scientific American, Engadget; June 17–18, 2026.
### 🟡 Notable
**Schmidt's rocket company gets a NASA Mars mission — and bolts an AI data center onto it**
NASA selected [[Relativity Space]] — the rocket maker [[Eric Schmidt]] took over as CEO in March 2025 — for a 2028 Mars orbiter mission called **Aeolus**, the first flight of Relativity's newly announced **Interplanetary Sciences Program**. Relativity will build the spacecraft, fly it on its in-development **Terran R** rocket, and carry four NASA-built instruments meant to deliver the first daily global view of Martian winds, temperature, dust, and clouds (data intended to make future landings safer). The mission also flies what Relativity calls a **"Relay Data Center"**: server-class compute and mass storage placed in Mars orbit, able to run AI models on board and beam large data volumes back to Earth over optical and radio links. The program's framing — "radically more science per dollar" via privately built interplanetary capability — and the choice of a company whose only prior orbital attempt never reached orbit, set up a direct deep-space competition with [[Elon Musk]]'s [[SpaceX]].
**Why notable:** This extends Schmidt's signature move — privatizing a public-mission layer while embedding his own infrastructure thesis inside it — from terrestrial AI-energy (Bolt Data & Energy, below) all the way to Mars orbit. The "Relay Data Center" literalizes the orbital-compute pitch tracked in [[The Quest for 90 Gigawatts]]: when the grid can't keep up on Earth, the same backers reach for space-based compute. It also deepens Schmidt's positioning across the government-funded frontier (NASA payloads) and the private space race simultaneously.
Sources:
- [TechCrunch: "NASA picks Eric Schmidt's rocket company for Mars mission, setting up a race with SpaceX"](https://techcrunch.com/2026/06/17/nasa-picks-eric-schmidts-rocket-company-for-mars-mission-setting-up-a-race-with-spacex/)
- [SpaceNews: "Relativity Space to privately develop Mars orbiter mission"](https://spacenews.com/relativity-space-to-privately-develop-mars-orbiter-mission/)
- [Scientific American: "Ex-Google CEO Eric Schmidt's Relativity Space selected for upcoming NASA Mars orbiter mission"](https://www.scientificamerican.com/article/ex-google-ceo-eric-schmidts-relativity-space-selected-for-upcoming-nasa-mars-orbiter-mission/)
- [Engadget: "NASA is sending an orbiter to Mars with Eric Schmidt's Relativity Space"](https://www.engadget.com/2197043/nasa-aeolus-orbiter-mars-eric-schmidt-relativity-space/)
---
## 2026-06-17 — Data Center Energy Thesis; AI Superintelligence Warnings; Immigration Defense; Ami Labs Seed Investment
**Source:** Web search sweep across January – June 2026.
### 🟡 Notable
**Schmidt argues big tech must own its own energy for AI — co-location model (March 2026)**
Fortune published Schmidt's argument that the critical constraint on AI development is energy, not compute or capital — and that the solution is co-locating data centers with dedicated power generation rather than drawing from the public grid. Schmidt framed this as both a national competitiveness issue (avoiding utility cost burdens on households) and a strategic security argument (grid-dependent AI is vulnerable). His Bolt Data & Energy venture is building this model in Texas.
**Why notable:** The argument launders a private financial interest (Bolt Data & Energy benefits if this becomes policy) into a national security and consumer protection frame — a recurring Schmidt pattern (cf. NSCAI, SCSP). Schmidt's data-center-as-infrastructure thesis is converging with Elon Musk's SpaceX gas turbine bet (see [[Elon Musk News Log]]) and the general Thiel-network argument that AI infrastructure must be private and sovereign.
Source: [Fortune: "Eric Schmidt: big tech should power its own AI ambitions"](https://fortune.com/2026/03/06/eric-schmidt-former-google-ceo-big-tech-data-centers-grid-ai-utility-bills/)
**AI superintelligence warning — "could surpass human control within 3 years" (2025–2026)**
Schmidt has publicly warned that AI systems could surpass human ability to control them within approximately three years. This doomerism framing has circulated across tech and national security press. The structural read: Schmidt's warnings serve a dual function — (1) they establish urgency that justifies fast, government-funded investment (which Schmidt's network is positioned to receive), and (2) they position the speaker as a responsible actor in the AI race even as his investments accelerate the race itself.
Source: [Geeky Gadgets: "Ex-Google CEO Eric Schmidt Warns: AI Could Surpass Human Control in 3 Years"](https://www.geeky-gadgets.com/artificial-superintelligenc/)
**Immigration defense at University of Arizona commencement (May 2026)**
Schmidt gave a commencement address at the University of Arizona in which he argued that America's strength depends on ambitious people coming to the country, including immigrants — framing this as essential to AI competitiveness. The speech lands during the height of Trump II immigration enforcement and directly contradicts the administration's posture on skilled immigration. Schmidt is threading the needle: backing the GOP defense-tech agenda while quietly defending the talent pipeline that drives his investment portfolio.
Source: [Breitbart: "Billionaire Eric Schmidt Wants More AI Tech AND More Immigration"](https://www.breitbart.com/economy/2026/05/18/eric-schmidt-wants-more-ai-and-more-immigration/)
**Ami Labs seed investment (March 10, 2026)**
Schmidt's family office (Hillspire) made a seed investment in Ami Labs on March 10, 2026, adding to a portfolio that already includes Mistral AI, Anthropic, Magic AI, SandboxAQ, Rebellion Defense, Istari Digital, and others. Schmidt has invested in 57 companies as of mid-2026, making him one of the most active individual investors in the AI/defense stack.
**Why notable:** Schmidt's portfolio breadth is a structural hedge — he holds positions across competing AI labs (Anthropic vs. Mistral), defense-specific AI plays (Rebellion Defense, Istari), and infrastructure (SandboxAQ for quantum-safe encryption). This is not venture investing for returns; it is influence-purchasing across the entire AI-defense ecosystem simultaneously.
Source: [Tracxn: "Eric Schmidt — 2026 Portfolio & Founded Companies"](https://tracxn.com/d/people/eric-schmidt/__pZIWN8HmZXe3L0wHjpyVikPq6xYdCfJ4rPgYvzu5ino)
### ⚪ Context / Color
**SCSP continues publishing AI policy recommendations.** Schmidt's Special Competitive Studies Project has continued to release AI policy papers and held events through early 2026. No major new structural development — SCSP remains an influence-through-policy-paper operation rather than a new action. Schmidt's book on AI (previewed at Princeton) is forthcoming.
Source: [Princeton Alumni: "Eric Schmidt '76 to Unveil New Book at AI Campus Event"](https://alumni.princeton.edu/events/eric-schmidt-76-unveil-new-book-ai-campus-event-princeton)