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

OpenAI and Anthropic are offering free compute credits worth millions of dollars to attract startups into their ecosystems, with some individual offers exceeding $3 million. At Y Combinator alone, the two companies could collectively distribute up to $800 million in credits annually. The discount war aims to improve margins ahead of their upcoming IPOs.

OpenAI, Anthropic, and major cloud providers are racing to outbid each other with free compute credits to pull startups into their ecosystems. Some individual offers top $3 million. At Y Combinator alone, OpenAI and Anthropic could hand out up to $800 million in credits per year combined. The discount war comes at a time when both companies need to improve their margins ahead of upcoming IPOs. The article OpenAI and Anthropic are giving away millions in computing power to attract startups https://the-decoder.com/openai-and-anthropic-are-giving-away-millions-in-computing-power-to-attract-startups/ appeared first on The Decoder https://the-decoder.com .