TSMC approves up to $1 billion of investments in Anthropic and OpenAI
TSMC's board of directors has authorized up to $1 billion in investments in AI labs, split evenly between Anthropic and OpenAI.
By GennnAi··1 min read
Up to $500 million would go to Anthropic common shares at its initial public offering price, and up to $500 million to preferred shares of OpenAI Group PBC. The closing timetable for the OpenAI deal is not specified. The board, meeting on November 10, also approved up to $500 million for an investment company making strategic investments in semiconductors, according to the SEC filing.
Source: MacDailyNews, published on November 11, 2026.