← Back to Model Beat
Industry·1d ago·all news from July 7, 2026

OpenAI and Anthropic are giving away millions in computing power to attract startups

OpenAI, Anthropic, and major cloud providers are aggressively competing for startups by offering millions of dollars in free computing credits. These incentives, which can reach $3 million per individual company, aim to secure long-term loyalty and integrate emerging businesses into specific AI infrastructure ecosystems.

Covered by 1 source

Related stories

IndustryAI Legal Startup Norm Valued at $1.2 Billion in Funding RoundJul 7 · 2 sourcesIndustryAmazon Fuels AI Debt Boom With Bond Sale of at Least $25 BillionJul 7 · 4 sourcesIndustryMicrosoft lays off nearly 5,000 employees across Xbox, commercial salesJul 6 · 4 sourcesIndustryAI Chip Startup SambaNova Raises Funds at $11 Billion ValueJul 8