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TSMC plans to invest up to $500M in Anthropic at its IPO price and up to $500M in OpenAI to acquire preferred stock (Reuters) | ByteBrief

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ChipsReutersabout 1 hour ago

TSMC plans to invest up to $500M in Anthropic at its IPO price and up to $500M in OpenAI to acquire preferred stock (Reuters)

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The full story is at Reuters, which ByteBrief could not read, and no free outlet has reported it yet. Read full story opens it at the source.

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In this storyAnthropic OpenAI TSMC

#semiconductors #artificial intelligence #venture capital

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AIabout 4 hours ago

Draft prospectus: Anthropic's IPO is set to raise up to $64.4B, pricing shares at $70 to $78 each; Anthropic will also raise $26B via cornerstone investors (Echo Wang/Reuters)

AI14 days ago

Amazon poised to gain billions from Anthropic IPO

AI8 days ago

Sources: institutional investors told Anthropic that its IPO valuation should be around $1.5T to $1.6T, down from estimates of $2T, citing a tech stock selloff (Wall Street Journal)