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Industry·Jul 7·all news from July 7, 2026

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

OpenAI and Anthropic are offering up to $3 million in computing credits per startup to encourage developers to build on their respective AI platforms. This competitive subsidy race, which could reach $800 million annually at incubators like Y Combinator, aims to secure long-term loyalty in an increasingly crowded market. The strategy serves as a defensive response to rising alternatives like DeepSeek, which have gained traction by providing more cost-effective solutions for companies looking to reduce their infrastructure spending.

Covered by 3 sources

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