TSMC to invest up to $1 billion in Anthropic, OpenAI
The company is positioning itself to benefit not only from supplying AI infrastructure, but also from owning stakes in some of the industry's most influential developers. TSMC's board approved on Tuesday an investment of up to $500 million to acquire shares in Anthropic at its initial public offering price, and an investment of up to $500 million to acquire preferred stock in OpenAI.
Anthropic, the company behind the AI model Claude, was initially planning to rent power for its data centers. However, it has decided to invest $3.4 billion to purchase generators instead. This move makes it the largest known purchase of power-generation equipment by any AI lab, according to the Financial Times. The deal involves taking over generators from San Antonio-based supplier OnePWR Solutions, which were originally ordered from Caterpillar two years ago.
Along with the hardware, OnePWR also secured the engineering and construction work needed for installation. The generators are expected to start arriving soon, with deliveries continuing over the next two years. Anthropic's IPO filing warned of potential price increases in fuel as it competes with larger companies for the same supply and pipelines.
Written by urgent.news from TechSpot's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
