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TSMC approves up to $1 billion for OpenAI and Anthropic, MacRumors reports
MacRumors says the chipmaker’s board authorized share purchases of up to $500 million in each AI company.
TLDR
According to MacRumors, TSMC’s board approved buying up to $500 million each in OpenAI and Anthropic shares. The chip supplier could become a shareholder, too. Ars Technica frames the plan as another example of AI’s circular financing: suppliers backing companies that buy hardware they manufacture.
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