Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach

<p>The companies hope to follow in the footsteps of SpaceX, which raised $86bn and soared to a $2.1tn valuation after it listed on public markets in June</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>Top US AI developers Anthropic and OpenAI cheered when Australia announced it would set new AI rules.</p><p>Big tech celebrating limits on their Silicon Valley VC-funded free-for-all might seem counterintuitive but there’s a much broader play than just what happens in one relatively small market.</p> <a href="https://www.theguardian.com/technology/2026/jul/23/openai-anthropic-australia-ai-regulation">Continue reading...</a>