Sam Altman makes ‘mic drop’ offer to every Y Combinator startup

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• SAM Altman has made a “mic drop” offer to every startup in the current Y Combinator batch, providing $2M worth of API tokens via an uncapped SAFE that converts at their next priced round.
• This move is intended to help startups address the infrastructure costs associated with building AI models, which are often cited as a significant barrier. The offer comes on top of YC’s existing 7% equity stake in exchange for $500k cash.

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Originally published at reddit.com. Curated by AI Maestro.

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