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TSMC Reportedly to Invest $1 Billion in Anthropic and OpenAI

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Taiwanese chipmaker TSMC is set to put $1 billion into AI companies Anthropic and OpenAI, according to the report. The move is described as the latest case of circular financing within the AI boom, where chip suppliers and AI developers fund one another. The announcement arrives at a time when the AI trade has begun to show signs of instability. The source article is brief, so details such as the exact split between the two firms and the timing of the investment are not specified.

Read the full story at Ars Technica

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

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