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They don't want to own the next GitHub. They want people to build the next GitHub on Artifacts (and pay Cloudflare for storage and compute).

I don't have a strong opinion here, but giving away compute as a prize for hackathons isn't anything new.

- how to make feature in cheap and fast way? - get weekend, buy pizza for $500 and call it "hackathon".

Well, kinda, but usually the compute is given away as part of the hackaton. Even AWS hackaton did expect you to buy AWS credits..