SENSEX
NIFTY
GOLD
USD/INR

Weather

image 16    C

Business News

The Economic Times

Business / The Economic Times

details

TSMC to invest up to $1 billion in Anthropic, OpenAI

TSMC is set to invest up to $1 billion in the AI landscape, directing $500 million each to Anthropic and OpenAI. As Anthropic prepares for its IPO, this financial move by TSMC underscores its belief in a booming AI industry. With surging demand for AI chips, TSMC also aims to enhance its production capabilities, reinforcing its role in evolving AI infrastructure.

10 Nov 2026 7:52 pm