TSMC to invest $1 billion in Anthropic and OpenAI
Taiwan's chipmaking giant TSMC plans to invest $1 billion in Anthropic and OpenAI. The move is another example of circular financing in the AI industry while AI stocks are shaky.
Chip suppliers investing in their own customers ties the AI boom more tightly together, raising both growth and risk for investors.
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Nvidia board reportedly prepares to remove CEO Jensen Huang after second affair report
Nvidia's board is reportedly preparing to dismiss CEO Jensen Huang after a report of a second alleged affair, this time with an executive who reports to him. This comes days after he admitted an affair with a woman alleged to be a Chinese spy.
Why it mattersA leadership change at the company that supplies most AI chips could affect chip supply, AI investment and US-China tech tensions.
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New York's AI safety law takes effect, adding oversight for OpenAI and Anthropic
New York is preparing to enforce its AI safety law, which requires major AI developers to register, disclose safety practices and report critical incidents. Companies that fail to comply face fines.
Why it mattersLarge AI developers now face binding state-level safety reporting rules that could become a model for other jurisdictions.
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Anthropic sets IPO price range that could value it at up to $1.4 trillion
Anthropic confirmed an IPO price range of $70 to $78 per share, which would value the company at as much as $1.4 trillion, below earlier expectations of up to $2 trillion. Shares could start trading as soon as next week, according to reports.
Why it mattersThis would be one of the largest IPOs ever and a key test of how public markets value frontier AI labs.
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Anthropic releases Claude Fable 5.2 and Mythos 5.2 and cuts API prices by 20%
Anthropic introduced Claude Fable 5.2 and Mythos 5.2, which share one underlying model with different safeguards and bring gains in coding, reasoning and vision. Fable is broadly available, while Mythos is limited to vetted cybersecurity and life sciences groups, and both now cost $8 per million input tokens and $40 per million output tokens.
Why it mattersDevelopers get a stronger coding model at a lower price, and the split release shows how labs are gating the most capable models for sensitive uses.
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Anthropic says its AI ported Claude to AMD chips in three days, weakening Nvidia's CUDA lock-in
Anthropic says its in-house model Mythos moved Claude onto AMD GPUs in three days with almost no human help, a job that normally takes months. Claude now runs on four chip families as the company seeks lower costs and less dependence on single vendors.
Why it mattersIf AI can cheaply port software between chip makers, Nvidia's software advantage shrinks and hardware competition grows.
