TSMC board approves up to $500 million each for OpenAI and Anthropic

1. 02:16
   Ars Technica · AI

   Taiwan’s chipmaking giant TSMC to invest $1B in Anthropic, OpenAI

   TSMC's board approved investing up to $500 million in OpenAI preferred stock reserved for large investors and another $500 million to buy Anthropic common shares at its expected IPO price, according to Reuters. The investments would give the Taiwanese chipmaker direct stakes in leading AI developers, even as its contract chipmaking business has profited enormously from the AI data center buildout. Analysts warned that such circular financing among investors, suppliers and customers has made it difficult to evaluate real market demand for AI-related hardware and services, per The Wall Street Journal.

1. 20:44
   Hacker News AI

   TSMC Approves $1B AI Investment

   TSMC's board approved investing up to $1 billion in OpenAI and Anthropic, allowing purchases of up to $500 million of shares in each company. The board also authorized up to $500 million to create a company that will invest in semiconductor businesses and the wider industry. TSMC manufactures Apple's custom chips, while OpenAI and Anthropic are developing processors of their own.

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