Chinese AI developer MiniMax debuts M3, a new coding model that it says rivals Claude Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7
Chinese AI developer MiniMax on Monday launched a new large language model called M3, saying the new model's coding capability approaches …
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OpenAI Offers $2M in Tokens to Every YC Startup
Sam Altman is putting OpenAI's money where Y Combinator is — $2M per startup in the current batch.
OpenAI CEO Sam Altman dropped a big move Tuesday night: the company is offering to invest $2 million in tokens in every single startup in the current Y Combinator batch.
That's not pocket change spread thin — it's $2M per company. According to a source, the investment comes in exchange for equity through a SAFE agreement, the standard startup funding instrument YC founders know well.
The deal ties OpenAI directly into the next wave of YC-backed companies at the ground floor. For Altman, who co-founded OpenAI and previously ran YC, it's a move that bridges both worlds he helped build.
No word yet on how many startups in the current batch will take the offer, but a blanket $2M commitment to an entire YC cohort is an aggressive play in the early-stage investment game.