TSMC board approves up to $1B investment in OpenAI and Anthropic
What happened
Ars Technica reported on November 12 that TSMC's board approved a plan to invest up to $1 billion total in OpenAI and Anthropic, taking direct equity stakes in both AI developers. Citing Reuters, the report says TSMC will put in up to $500 million for OpenAI preferred shares sold to large investors, and another $500 million for Anthropic common stock at its expected IPO price. Only the board approval is disclosed; the report does not say the deals have closed.
Written by AI from the coverage · updated 8 hours ago
Coverage
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- Ars Technica · AIPickTSMC plans $1B investment in Anthropic and OpenAI
TSMC's board approved a plan to invest up to $1 billion total in OpenAI and Anthropic, taking direct equity stakes in both AI developers. Per Reuters, TSMC will put up to $500 million into OpenAI preferred shares for large investors, and another $500 million into Anthropic common stock at its expected IPO price.
Heat over time
Heat now 8·Comparable peak 10(Nov 12 03:00)·Comparable change over 24 hours –
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