OPENROUTER MORE THAN DOUBLES VALUATION TO $1.3B IN A YEAR

Summary from the TLDR AI newsletter

OpenRouter raised $113 million in a Series B round led by CapitalG, bringing its valuation to $1.3 billion. The AI gateway startup provides access to over 400 models and processes 100 trillion tokens monthly. OpenRouter's growth reflects a shift in AI towards multi-model solutions, allowing companies to avoid dependence on a single model provider.