Business News Tech AI TSMC to invest up to $1 billion in Anthropic, OpenAI
The company is positioning itself to benefit not only from supplying AI infrastructure, but also from owning stakes in some of the industry's most influential developers. TSMC's board approved on Tuesday an investment of up to $500 million to acquire shares in Anthropic at its initial public offering price, and an investment of up to $500 million to acquire preferred stock in OpenAI.
TSMC plans to invest up to $1 billion across leading AI developers Anthropic and OpenAI , highlighting the Taiwanese chipmaker's confidence in long-term demand for the technology even as concerns grow about soaring AI spending. The company is positioning itself to benefit not only from supplying AI infrastructure, but also from owning stakes in some of the industry's most influential developers. TSMC's board approved on Tuesday an investment of up to $500 million to acquire shares in Anthropic at its initial public offering price, and an investment of up to $500 million to acquire preferred stock in OpenAI.
4 trillion in what would be one of the largest stock market debuts on record. The Claude maker is also raising $26 billion through a separate private placement backed by investors, including Alphabet's Google, Nvidia , AMD and Microsoft. TSMC is the world's largest contract chipmaker and a critical supplier to leading AI firms, including Nvidia, whose pricey graphics processors underpin many of today's AI models. Last month, TSMC reported a sixth consecutive quarter of record profit and said demand for AI-related chips remained "extremely robust," even as it adopted a cautious outlook for 2027.
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