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TSMC to Invest Up to KRW 1.3 Trillion in OpenAI and Anthropic as It Pursues In-House Chip Development < General Industry < AI Industry < Article Body - AI Times

January 17, 2021 | AI Times
TSMC to Invest Up to KRW 1.3 Trillion in OpenAI and Anthropic as It Pursues In-House Chip Development < General Industry < AI Industry < Article Body - AI Times
(Photo=Shutterstock) TSMC, the world’s largest foundry company, has decided to invest up to $1 billion (about 1.34 trillion won) in OpenAI and Anthropic, which are developing their own AI semiconductors. As the two AI companies pursue developing their own chips to reduce their dependence on external semiconductor makers such as Nvidia, TSMC’s move is also seen as an effort to strengthen ties with them by securing equity stakes, going beyond simply supplyin