00:00It's Benzinga, bringing Wall Street to Main Street.
00:02AI companies, including OpenAI, Anthropic, and Google Cloud,
00:06are offering larger discounts and credits to startups as they compete for enterprise customers,
00:11according to the Wall Street Journal. Startup founders are receiving computing credits,
00:15token deals, and competing offers that can reduce their need to raise money.
00:19Some offers have topped $3 million in credits from multiple companies.
00:23Google Cloud is giving some startups up to $500,000 in cloud credits and early access
00:29to Gemini models. OpenAI and Anthropic have focused on Y Combinator startups,
00:33with OpenAI offering free credits and optional equity-linked credits,
00:37and Anthropic raising its free credit offer to $500,000.
00:41The discounts come as AI companies seek recurring revenue,
00:44improve margins, and compete with cheaper, open-weight models.
00:48For all things money, visit Benzinga.com.
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