June 11, 2025

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TSMC, Glean, Meta, AMD, and AI Investments

Several companies are experiencing significant growth and investment in the AI sector. TSMC's May sales surged by approximately 40% due to high demand for AI chips, with revenue reaching $10.71 billion. AI enterprise search startup Glean raised $150 million, boosting its valuation to $7.2 billion. Meta is considering a substantial investment in Scale AI, potentially exceeding $10 billion. Meanwhile, Unbound, an AI security startup, secured $4 million in seed funding to enhance AI security platforms. AMD is set to launch new AI products and highlight new customers. Inverite Insights Inc., an AI-driven software provider, reported record revenue in May, driven by increased transaction volumes. However, RSI & Associates, Inc. will limit the use of AI in business valuations due to concerns about data biases and the need for expert judgment. The broader impact of AI on the global economy is also being discussed, with some analysts suggesting that even if an AI bubble exists, it presents a buying opportunity due to potential cost savings and revenue growth. Tech stocks are also rising amid Meta's potential AI investment.

Key Takeaways

  • TSMC's May sales jumped 40% due to high demand for AI chips, reaching $10.71 billion.
  • Glean, an AI enterprise search startup, raised $150 million, increasing its valuation to $7.2 billion.
  • Meta is considering investing over $10 billion in Scale AI, specializing in data labeling for machine learning.
  • Unbound, an AI security startup, raised $4 million in seed funding to help businesses securely use AI tools.
  • AMD plans to launch new AI products, including the MI355X, and highlight new customers like Amazon AWS.
  • Inverite Insights Inc., an AI-driven software provider, achieved record revenue in May due to increased transaction volumes.
  • RSI & Associates, Inc. will limit AI use in business valuations due to concerns about data biases.
  • Analysts suggest that even if an AI bubble exists, it presents a buying opportunity.
  • TSMC expects full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms.
  • Tech stocks are rising amid reports of Meta's potential multi-billion dollar investment in AI.

TSMC sales jump 40% thanks to AI chip demand

TSMC's May sales increased by almost 40% because of high demand for AI technology. The company's May sales reached T$320.52 billion, which is $10.71 billion in US dollars. Year-to-date revenue is up 42.6% compared to last year. While sales were slightly down from April, demand for Nvidia's AI chips remains strong, especially from big tech companies. TSMC CEO C.C. Wei mentioned that tariffs could affect demand, but AI is still driving growth.

TSMC's May sales soar 40% driven by AI demand

TSMC, a major chipmaker, saw its May revenue jump by 40% due to strong demand for AI chips. The company's revenue reached NT$320.5 billion, which is $10.7 billion. Although May sales were a bit lower than April's, analysts still expect a 39% increase in TSMC's second-quarter sales. This growth shows that the demand for AI technology is still going strong.

AI demand boosts TSMC May sales by 40%

Taiwan Semiconductor Manufacturing Co. (TSMC) reported that its May sales increased by nearly 40% compared to last year, thanks to high demand for AI chips. May sales reached T$320.52 billion, or US$10.71 billion. Total revenue for the first five months of 2024 is T$1.51 trillion, up 42.6% from last year. Despite some challenges like a stronger Taiwan dollar and restrictions on chip exports to China, demand for AI chips remains strong, especially in the United States.

TSMC sales jump 40% thanks to AI chip demand

TSMC's May sales increased by almost 40% because of high demand for AI technology. The company's May sales reached T$320.52 billion, which is $10.71 billion in US dollars. Year-to-date revenue is up 42.6% compared to last year. While sales were slightly down from April, demand for Nvidia's AI chips remains strong, especially from big tech companies. TSMC CEO C.C. Wei mentioned that tariffs could affect demand, but AI is still driving growth.

Glean raises $150M, valuation jumps to $7.2 billion

Glean, an AI enterprise search startup, has raised $150 million in a Series F funding round, bringing its valuation to $7.2 billion. This is a $2.6 billion increase in valuation in less than a year. Glean's annual recurring revenue exceeded $100 million in its last fiscal year. The company's AI-powered search platform integrates with apps like Google Workspace and Microsoft 365. Glean plans to use the new funds to expand its teams and enter new markets.

Glean's valuation hits $7.2B in AI funding boom

Glean, an AI search startup, is now valued at $7.2 billion after its latest funding round. The company raised $150 million, marking a nearly 57% jump in valuation. Glean uses AI to help businesses automate operations and generate personalized answers to questions. The company surpassed $100 million in annual recurring revenue and was founded by former Google search engineers.

Glean valued at $7.2B after $150M funding round

Glean, an enterprise AI startup, has reached a $7.2 billion valuation after raising $150 million in a Series F funding round. Since early 2024, Glean has raised $610 million and significantly increased its valuation. Glean offers AI-powered tools that allow employees to search corporate documents using natural language. The company's tools work with apps like Salesforce and Microsoft Teams.

Meta may invest over $10 billion in Scale AI

Meta is considering investing over $10 billion in Scale AI, which would be its largest AI investment to date. Scale AI specializes in data labeling services for machine learning models and is used by companies like Microsoft and OpenAI. Meta previously invested in Scale AI's $1 billion Series F round, valuing the company at $13.8 billion. Scale AI also developed 'Defence Llama,' an AI model for military use based on Meta's Llama 3.

Unbound raises $4M for AI security platform

Unbound, an AI security startup based in Bengaluru, has raised $4 million in seed funding. The company aims to help businesses securely use AI tools. Unbound's platform monitors AI use, protects data, and helps companies save money on AI infrastructure. The company plans to invest over $1 million to expand its team in India and further develop its AI security platform.

Is now the time to buy AI stocks?

The article discusses the potential impact of the feud between Donald Trump and Elon Musk on investments. It suggests focusing on the AI megatrend, highlighting advancements like 'agentic AI,' where AI acts as a colleague. The article also addresses concerns about an AI bubble, arguing that even if it exists, it presents a buying opportunity due to potential cost savings and revenue growth. It emphasizes that AI is transforming the global economy and creating significant economic value.

AMD plans AI product launch, highlights new customers

AMD is planning to launch new AI products, including the MI355X, at an upcoming event. The company is also expected to discuss the MI400 and highlight new customers like Amazon AWS and possibly OpenAI. The MI400 is expected to begin mass production in the second half of next year. Citi Research is optimistic about AMD's performance and has raised its target price for the stock.

TSMC revenue jumps 40% as AI chip demand stays strong

TSMC, the world's largest chipmaker, reported that its May revenue increased by 40% compared to last year. This growth is due to strong demand for its AI chips. The company's U.S.-listed shares are rising. TSMC's revenue from January to May was up nearly 43% compared to the same period last year. The company expects full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms.

RSI limits AI use in business valuations

RSI & Associates, Inc. announced that it will limit the use of Artificial Intelligence (AI) in business valuations. The company is committed to accuracy, reliability, and ethical conduct. AI algorithms can have data biases, which can affect the objectivity of valuations. The company also has concerns about reviewing and validating AI models. RSI & Associates emphasizes that expert judgment is still essential for valuations.

Inverite AI platform achieves record revenue in May

Inverite Insights Inc., an AI-driven software provider, announced that May 2025 was its highest revenue month ever. This was driven by record-breaking transaction volumes and more alternative lending partners using the Inverite AI Platform. Revenue for May was 18% higher than last year. The company has collected over 27 billion financial data points on over seven million Canadian consumers. Inverite's platform helps lenders evaluate and serve credit-seeking consumers.

Tech stocks rise amid Meta's potential AI investment

Tech stocks are slightly increasing because Meta is reportedly nearing a multi-billion dollar investment in AI. The article was written by Leo Schwartz, a reporter at Fortune covering fintech, crypto, venture capital, and financial regulation.

Sources

TSMC AI chips AI demand Revenue growth Glean AI enterprise search Funding round Valuation Meta Scale AI Data labeling Machine learning AI investment Unbound AI security AI platform AI stocks Investment AMD AI product launch RSI & Associates AI use limitations Business valuations Inverite AI Platform Record revenue Tech stocks