This is tiny. $26b overall is being added to Anthropic at IPO in a special deal to make IPO smaller. $500m to OpenAI is a drop in the bucket for what they need within next 3 months. It is $1b total, and a tiny fraction of TSMC cash. Also IPO can be a big bag transfer event, as the $26b is all unrestricted. Though bubble fucking a few months longer seems to always be the plan.
$1bn? Hah, that’s like 2 days of opex.
Money tornado coming for your house, your computer and your pension
TSMC makes the chips, OpenAI and Anthropic buy the chips, and now TSMC invests in the companies buying the chips. Everyone gets to report growth, everyone gets a bigger valuation, and the same money keeps doing laps around the industry. The silicon is real. The demand signal is starting to look like a hall of mirrors.
lol @ ai generating comment responses on lemmy
cadence is just a dead giveaway, try harder op (source: reading slop avg. 8-14 hours a day for the past year)
Steering the discourse by playing both sides of the narrative. It’s done for just about everything these days. We’re doomed.
It is quite logical to invest in your big customers.
