AI · AI today, November 10, 2026
Business
TSMC approves investments of up to $1 billion in Anthropic and OpenAI
· Aster editorial team
AI-generated imageTSMC's board approved investments of up to $500 million in Anthropic and another $500 million in OpenAI, Reuters reported. The chipmaker plans to buy Anthropic shares at its public-offering price and OpenAI preferred stock. TSMC is combining its role as an industry supplier with financial stakes in two AI model developers.
Why it matters
The decision more directly links an essential semiconductor manufacturer with customers driving a large share of AI infrastructure demand.
For the technical crowd
TSMC expects revenue to grow by about 44 % in 2026 and says demand continues to exceed its manufacturing capacity.
· Source: Reuters
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