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TEXXR

Chronicles

The story behind the story

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OpenRouter raised $113M led by CapitalG, a source says at a $1.3B valuation, and now processes 25T tokens across 400+ models weekly, up from 5T six months ago

An investment arm of Alphabet is backing OpenRouter, which helps companies choose among hundreds of models for different software tasks.

New York Times Michael J. de la Merced

Discussion

  • @deedydas Deedy on x
    Methodology behind comparison: Google / OpenAI report in per minute, which isn't directly comparable (and is usually a peak of a sinusoid number) whereas OR is based on per week. There ofc is double counting because OR serves GPT and Gemini. Google token run rate:
  • @deedydas Deedy on x
    OpenRouter is now serving 1.5 quadrillion tokens/yr! That token run rate is: — 15-30% of Google APIs — 20-40% of OpenAI — >50% of Microsoft Azure Foundry That's 15x larger than when we invested a year ago. Revenue has already doubled since this $1.3B round was done in Feb! [image…
  • @jeff_weinstein Jeff Weinstein on x
    The first time I stumbled across @OpenRouter I immediately thought: “awesome, it's Segment for tokens”. Go @alexatallah and team!
  • @georgejeffersn George Jefferson on x
    i love openrouter because theyre the definition of an ai wrapper but nonetheless they still have a great product and its great to see them winning!
  • @insider0x Alex Salnikov on x
    Congratulations @alexatallah on building the second unicorn. Technical talent is above all in the end
  • @alexatallah Alex Atallah on x
    We're seeing a Cambrian explosion of AI models, and it's happening on OpenRouter. The future of AI is neurodiversity: - Agents choosing the most cost-effective model/provider/tool for the task - Agents orchestrating multiple models for the smartest result - Advanced security and
  • @pingtoven @pingtoven on x
    I've had been an insane 16 months here at @OpenRouter. Today we announced our $113M Series B led by CapitalG. We've seen tokens 4x in 6 months, now seeing 25T/week with 8M+ global users, and 400+ increasingly multimodal models. So proud of this team and the work we're doing.
  • @openrouter @openrouter on x
    Today we're announcing our $113M Series B led by @CapitalGVC. Over the last 6 months, weekly volume on OpenRouter grew from 5T to 25T tokens as AI rapidly shifts from experimentation into production. We're excited for what comes next. [image]
  • @gregkamradt Greg Kamradt on x
    Surprised open router is only at $1.3B given the wild rounds going on. They have more of a business (both present and future) than ~99% of AI companies.