According to The New York Times, the AI model aggregation platform OpenRouter has completed a $1.13 billion Series B funding round led by CapitalG, with participation from a16z, Menlo Ventures, NVentures, and companies including ServiceNow, MongoDB, Snowflake, and Databricks. The company is now valued at over $1 billion. OpenRouter stated that weekly platform usage has increased from 5 trillion tokens to 25 trillion tokens over the past six months.
OpenRouter Completes $113M Series B Funding, Valuation Exceeds $1 Billion
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Summary
OpenRouter announced $113 million in project funding, led by CapitalG, with participation from a16z, Menlo Ventures, and tech companies including ServiceNow and Snowflake. The AI and crypto news signals a valuation exceeding $1 billion. Weekly token usage on the AI model aggregation platform increased from 5 trillion to 25 trillion over six months.
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