OpenRouter Raises $120M at a $1.3B Valuation
9 points
5 hours ago
| 2 comments
| inc.com
| HN
njyx
3 hours ago
[-]
Super convenient for switching out models, and they also play a vetting function. Cool to see a useful service raising!
reply
njyx
3 hours ago
[-]
A little crazy that Google seems to be the lead investor though...
reply
verdverm
4 hours ago
[-]
I was looking at OpenRouter earlier today, after becoming frustrated with VertexAI. Similar in that they offer a menu of many models, different in that Google is running them and OpenRouter is a proxy.

If OpenRouter is not much more than a middle man, what business model are they raising money on? Surveillance?

reply
dchest
4 hours ago
[-]
They are a marketplace for model providers, which is quite a nice business model.
reply
verdverm
4 hours ago
[-]
Being the middleman is always nice until the need is obviated. My understanding is that this is largely used to cycle through free usage tiers without getting rate-limited. Anonymous Credentials is designed to end that.

What makes this preferable to a self hosted or framework built-in version?

https://blog.dock.io/anonymous-credentials/

reply
hu3
4 minutes ago
[-]
Convenience. They sell very convenient shovels in a goldrush.
reply
polski-g
1 hour ago
[-]
They reduce friction to using different models and providers.

Don't want to spend 4 hours getting an API key to use Google AI? Use openrouter

Don't trust Chinese providers with your data? Use Openrouter and blacklist non-US inference providers.

reply