This is massive. So on top of the regular usage, we now have USD 200,- to freely use via the API however we please, even resell? That is a statement, even knowing that inference does not cost them nearly as much as they charge, this is very developer-friendly. Does some minor de-risking for testing concepts. Terms seem to be reasonable [0].
Of course, they don't do this out of pure kindness, but I really struggle to see a negative for subscribers already using a Claude Max subscription, especially given changing to another model is essentially frictionless via OpenRouter.
Compared with "Sign in via OpenAI" which they just announced, this is far less lock-in for anyone hosting services but less interesting for users of said services. With Anthropics approach, you can just use the allowance on your users however you see fit along with any other models and once it's used up, you can still just decide not to use their models for the remainder. With users bringing their tokens meanwhile, there is less flexibility in terms of switching for you, though might be cheaper for users.
Both interesting, each approaching this from a very different direction, each having their own trade-offs. On the OpenAI front, will be interesting whether developers can set specific temp, reasoning budgets, etc. for such "provided tokens" or whether OpenAI exposes that only via the actual API.
[0] https://www.anthropic.com/legal/credit-terms