Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach

OpenAI and Anthropic have publicly supported Australia's new AI regulations, a move that analysts say is part of a broader strategy to shape global rules in their favor. The companies hope to follow the model of SpaceX, which raised $86bn and achieved a $2.1tn valuation after listing on public markets in June.

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.