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TSMC plans investments of up to $500M each in Anthropic and OpenAI

TSMC plans to invest up to $500M in Anthropic at its IPO price and up to $500M in OpenAI through preferred stock, Reuters reported. The Taiwanese chipmaker's planned investments would total up to $1 billion across the two AI developers.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Sparxity closes Series A, bringing total funding to $90M

Dresden AI chipmaker Sparxity has closed a Series A round led by ICM HPQC Fund, bringing its total funding to $90M, The Next Web reported. The company did not disclose the size of the round. Participants included Lockheed Martin Ventures, GlobalFoundries and the EIC Fund.

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Daylight raises $80 million to expand cybersecurity business

Cybersecurity company Daylight raised $80 million in Series B funding led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to $120 million, CTech reported. New investor Okta Ventures joined existing backers in the round.

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Ancep raises $8.5M to automate insurance brokers' administrative work

London-based Ancep has raised $8.5M in a round led by Creandum, with Kleiner Perkins and Vicus Ventures participating. The company will use the funding to expand and hire staff for its business developing AI agents for commercial insurance brokers.

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