Reuters via Ars Technica AI: TSMC plans $1 billion stakes in Anthropic and OpenAI

According to Reuters, as reported by Ars Technica AI, TSMC’s board approved plans to invest up to $500 million in OpenAI preferred stock and another $500 million to buy Anthropic common shares at its expected IPO price. The move would give the Taiwanese chipmaker direct stakes in two leading AI developers. The Wall Street Journal said such circular financing may help bolster confidence, but it also makes it harder to gauge real demand for AI hardware and services.