# Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach > Source: > Published: 2026-07-22 15:00:19+00:00 # Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach By Luca IttimaniSource: [The Guardian Technology](https://www.theguardian.com/us/technology)The companies hope to follow in the footsteps of SpaceX, which raised $86bn and soared to a $2.1tn valuation after it listed on public markets in June Get our [breaking news email](https://www.theguardian.com/email-newsletters?CMP=cvau_sfl),[free app](https://app.adjust.com/w4u7jx3)or[daily news podcast](https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl) Top US AI developers [Anthropic](/glossary/anthropic) and [OpenAI](/glossary/openai) cheered when Australia announced it would set new AI rules. Big tech celebrating limits on their Silicon Valley VC-funded free-for-all might seem counterintuitive but there’s a much broader play than just what happens in one relatively small market. [Continue reading...](https://www.theguardian.com/technology/2026/jul/23/openai-anthropic-australia-ai-regulation) Get AI news in your inbox Daily digest of what matters in AI.