TSMC authorizes up to $500 million each in OpenAI and Anthropic stakes
AITSMC's board authorized up to US$500 million to buy Anthropic common shares at its IPO price and up to US$500 million in OpenAI preferred shares. Directors also approved up to US$500 million for a new strategic investment arm focused on the semiconductor ecosystem.
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South China Morning Post · Tech · Howard Liu · scmp.comPublished · added here
Original title: What Taiwanese chip giant TSMC gains from taking stakes in OpenAI and Anthropic’s AI race