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

OpenAI, Anthropic and major cloud providers are offering startups compute credits worth up to $500,000 each to secure early adoption, with some offers exceeding $3 million. Y Combinator startups are particularly targeted, receiving credits valued at $500,000 with or without equity stakes. The push coincides with IPO preparations amid rising competition from cheaper open models.