TSMC authorizes up to $1 billion for OpenAI and Anthropic stakes
The chipmaker's board approved spending up to $500 million on each company, covering Anthropic common shares and OpenAI preferred shares. It also authorized up to $500 million to establish a separate investment company focused on semiconductor businesses and the wider industry ecosystem, bringing the combined ceiling to $1.5 billion.
- Anthropic shares would be purchased at its IPO price, according to the South China Morning Post.
Covered by 7 publishers within 21 hours of the first report.
- Wall Street Journal: TSMC Approves Up to $1 Billion Investment Plan in Anthropic, OpenAI
- Latest South China Morning Post: What Taiwanese chip giant TSMC gains from taking stakes in OpenAI and Anthropic’s AI race
Reporting7
DigiTimes TSMC plans investments in Anthropic, OpenAI; sets up investment firm to expand semiconductor strategy · Eifeh Strom
Wall Street Journal TSMC Approves Up to $1 Billion Investment Plan in Anthropic, OpenAI · Sherry Qin
South China Morning Post What Taiwanese chip giant TSMC gains from taking stakes in OpenAI and Anthropic’s AI race · Howard Liu
MacRumors Apple Chip Supplier TSMC Approves $1 Billion AI Investment · Hartley Charlton
Quartz TSMC is buying stakes in Anthropic and OpenAI worth up to $1 billion · Cris Tolomia
Ars Technica Taiwan’s chipmaking giant TSMC to invest $1B in Anthropic, OpenAI · Jeremy Hsu
Android Headlines TSMC Backs Anthropic and OpenAI With $1 Billion Investment · Chandan Pandit
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