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Philadelphia Semiconductor Index falls 5%.
2026-07-07
Philadelphia Semiconductor Index falls 5%.
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2026-07-07
The Wall Street Journal reports AI leaders are offering large free compute and API/token credits to capture startup share; some startups say they have received more than $3m in combined cloud and token credits, roughly equivalent to a US median seed
The Wall Street Journal reports AI leaders are offering large free compute and API/token credits to capture startup share; some startups say they have received more than $3m in combined cloud and token credits, roughly equivalent to a US median seed round. OpenAI: Y Combinator startups offered $500k in free token credits with no equity; startups may be offered an additional $1.5m token credit in exchange for equity (OpenAI previously ran a $2m-for-equity offer). OpenAI is also offering bulk discounts to promote Codex and markets ChatGPT Pro 20x at $200/month with up to about $14k of API token usage. Anthropic: Y Combinator startups now receive $500k in free API credits with no equity (previously $30k); the firm is running enterprise promotions and one‑off bonuses. Claude Max priced at $200/month with up to about $8k of API token consumption. Google: up to $500k in cloud credits, Gemini early access and DeepMind engineering support for startups. Microsoft and Amazon Web Services: both extend startup-specific offers including cloud resources and technical support. Cursor: offering a 75% discount as of July 5.
2026-07-08
The Wall Street Journal reports Democratic lawmakers are probing U.S. Commerce Secretary Lutnick's business ties to Cantor Fitzgerald. Lutnick previously served as Cantor Fitzgerald's chairman and CEO.
The Wall Street Journal reports Democratic lawmakers are probing U.S. Commerce Secretary Lutnick's business ties to Cantor Fitzgerald. Lutnick previously served as Cantor Fitzgerald's chairman and CEO.
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