ChipsQuartzabout 1 hour ago
TSMC Buys Stakes in Anthropic and OpenAI
1 min read
TSMC approved investments of up to $500 million each in Anthropic and OpenAI on Tuesday, totaling up to $1 billion. The board authorized purchasing Anthropic common stock at its IPO price of $70 to $78 per share. This move supports two major AI developers as Anthropic targets a valuation as high as $1.4 trillion.
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