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AI giants including OpenAI and Anthropic are offering massive free computing power credits to startups to capture market share.

1 hours ago

According to a Wall Street Journal report, AI firms including OpenAI and Anthropic are offering large volumes of free computing credits and discounts to startups to compete for enterprise clients. Silicon Valley startup founders are receiving computing credits, token usage allowances, and bidding-style perks from AI model companies; some early-stage firms have received total cloud computing and token allowances exceeding $3 million, nearly matching the median U.S. seed round funding tracked by PitchBook. AI companies aim to acquire customers in startups’ early stages, so their tools become integral to these businesses as they grow. Cursor offered a 75% discount until July 5; Google Cloud provides up to $500,000 in cloud credits to some startups, plus early access to its Gemini model, and in some cases, support from DeepMind engineers. Microsoft and Amazon Web Services also offer special benefits to startups. OpenAI and Anthropic have particularly targeted Y Combinator startups lately. In May, Sam Altman announced OpenAI would provide each startup in the accelerator program with $2 million in token credits in exchange for equity. Around the same time, Anthropic raised its free allowance for YC startups from $30,000 to $500,000, with no equity requirement. OpenAI later adjusted its plan: it now offers $500,000 in free credits to startups (no equity required), plus an option to exchange equity for an additional $1.5 million in credits. These discounts reflect intense competition among model providers to secure future large-scale clients. Y Combinator runs four cohorts annually, each with around 200 companies recently, meaning OpenAI and Anthropic could collectively offer up to $800 million in AI credits over the next year. Christopher Acker, co-founder of SuperPenguin, said: “The AI world is being driven by OpenAI and Anthropic because they are giving startups money to cover their usage costs.”

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US stock indices showed divergent trends: the Nasdaq 100 fell 1.5%, while the Dow Jones Industrial Average rose nearly 0.5% at one point, hitting a record high.

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