This is similar to when Yuri Milner offered to invest in every startup back when Sam was a YC partner.

The deal gives fledgling AI startups guaranteed compute resources and significantly extends their runway by covering heavy API costs.

Some in the community have warned that taking these tokens could be risky. Because OpenAI will get a clear look at how the startups use the tokens, some fear the platform could copy promising ideas and integrate them into its own free or native offerings.

Source: Sam Altman