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TSMC plans up to $1 billion in Anthropic and OpenAI stakes, Reuters reports
Reuters reports TSMC’s board approved up to $500 million each for stakes in Anthropic and OpenAI.
TLDR
TSMC isn’t just supplying the AI boom’s hardware: it wants equity, too, according to Reuters. Its board approved up to $500 million to buy Anthropic shares at the company’s IPO price and up to $500 million for OpenAI preferred stock.
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