Board approval
TSMC's board of directors has approved investments of up to $500 million each in OpenAI and Anthropic. The decision extends the chipmaker's relationship with AI labs beyond the supply chain.
Why it matters
TSMC is the world's largest producer of AI chips. By investing directly in its customers, the company is entering a new phase in terms of both production capacity and financial interdependence.
The Anthropic side
The report also notes that Anthropic's IPO price range has been set, a concrete step in the company's path to going public.
What remains unclear
The stage and structure of the investment, the payment schedule and share terms are not specified in the source. The use of "up to" suggests the exact amounts have not yet been fixed.
