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OpenRouter raises $113M Series B

openrouter.ai

111–120 of 279 posts

Re: OpenRouter raises $113M Series B

#111

Earlier quoted context omitted.

Another neat thing is, they publish hourly caching states for ALL model/provider combinations. I did some research on it to come up with a provider tiers list and found a bunch of open-source 3rd party hosts are simply trash tier https://dirac.run/posts/cache-hit-rates-agents

Agents push the full conversation history into context every turn Why? Maybe this is a dumb question, but why wouldn't an agent "keep the conversation going", like I do when interacting with an LLM through a web page? (I understand how it's impractical for long-running tasks where the agent has to wait days for the next input, but assume that's not the majority of use cases)

LLMs are stateless, to predict next tokens they need the history. When you write your own agents you will be very selective and might trim context and heavily segment different tasks, but generic ones don't do that (at best they spawn subjects to handle smaller tasks)

Re: OpenRouter raises $113M Series B

#112
post #48

Earlier quoted context omitted.

Based on experience, Google Cloud. No idea if that translates to Gemini usage billing.

Gemini added prepaid billing and spending caps a few weeks ago: https://twitter.com/OfficialLoganK/status/204451626215244231...

I cancelled my whole GCP account a month ago because I was too afraid of getting charged hundreds of thousands overnight like all peoples on Reddit

Re: OpenRouter raises $113M Series B

#113
post #12
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

Out of interest, why OpenRouter over a free option like Cloudflare’s AI gateway or another paid option like Vercel’s — any specific benefit to OpenRouter you’ve found, or just first you used that’s good enough?

Separation, I don't want to have my domains blocked the day AI bill go Brrr

Re: OpenRouter raises $113M Series B

#114
post #17
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

Both OpenAI and Anthropic have billing caps… who doesn’t?

Microsoft

Re: OpenRouter raises $113M Series B

#115
post #12

Earlier quoted context omitted.

Out of interest, why OpenRouter over a free option like Cloudflare’s AI gateway or another paid option like Vercel’s — any specific benefit to OpenRouter you’ve found, or just first you used that’s good enough?

Separation, I don't want to have my domains blocked the day AI bill go Brrr

Make two accounts...

Re: OpenRouter raises $113M Series B

#116
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

> By far the lowest friction way to support and try out all the models

Check out Kagi Ultimate.

Re: OpenRouter raises $113M Series B

#117
post #89

Congrats to the OpenRouter team for securing this round of funding. The 5% surcharge for their pricing model may not be palatable to enterprises. In fact, the OpenRouter team could be a pivotal part of the enterprise GenAI stack if they can allow configurable, pluggable endpoints for routing directly to enterprise vetted endpoints to 1P/3P LLM APIs. A couple of large companies I’ve worked so far kinda have this syste…

> The 5% surcharge for their pricing model may not be palatable to enterprises Enterprises appear to be paying the API rates which are 10x (1000%) what are available to individuals, so I would not be confident they are sensitive to a 5% price change. That said, the attraction of OpenRouter to enterprise customers should be that they save you >5% on average for a product <5% worse.

[dead]

Re: OpenRouter raises $113M Series B

#119
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

Another neat thing is, they publish hourly caching states for ALL model/provider combinations. I did some research on it to come up with a provider tiers list and found a bunch of open-source 3rd party hosts are simply trash tier https://dirac.run/posts/cache-hit-rates-agents

I would recommend tracking this data over time. I work on Cloudflare's KV cache for Kimi K2.6, and while there are periods where our cache rate is low, we are frequently in the 80-90% range. OpenRouter shows us at 87.3% at the time of this post. We observe cache rates change quite a bit from hour to hour.

Re: OpenRouter raises $113M Series B

#120
post #6

It took me quite a while to come round to OpenRouter. Originally I didn't understand why anyone would put a proxy between them and an LLM, but it actually adds some quite significant value: 1. By far the lowest friction way to support and try out all the models. 2. They offer billing caps! Most model providers still don't do this [EDIT: maybe they do, see reply comment], but if you're going to run anything in public…

> By far the lowest friction way to support and try out all the models Check out Kagi Ultimate.

Would you recommend Kagi Ultimate over OpenRouter? I'm already a customer of Kagi and would rather give them my money, but only if I'm not really compromising.
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