Taiwan’s chipmaking giant TSMC to invest $1B in Anthropic, OpenAI
TSMC is reportedly planning to invest $1 billion into AI developers Anthropic and OpenAI. This move highlights a growing trend of circular financing, where chip manufacturers provide capital to the companies driving demand for their high-end hardware. The investment arrives as the broader AI sector faces market volatility, underscoring the deep financial links between infrastructure providers and the firms developing large-scale AI models.
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- AArs Technica↗Jeremy Hsu1d ago