Live data from Hacker News

OpenRouter is joining Stripe

openrouter.ai

231–240 of 532 posts

Re: OpenRouter is joining Stripe

#233

I rather have protocols be built and less middlemen PaaS. One great example is Open Banking. I would support an Open Router that mirrors Open Banking, unfortunately the Open here doesn’t carry the same connotation. Kudos to the team for succeeding in executing around a clear DX issue during the chaos of providers, though long term I am not really a fan of it staying as is even if Stripe gets to be the one carrying it…

What open banking? I can't even get a read-only token for my personal use to see the balance on my account and I sit two team calls away from people who cooked the API

Re: OpenRouter is joining Stripe

#236
post #234

Here's Stripe's letter to investors explaining its acquisition of OpenRouter (LEAKED) https://x.com/EricNewcomer/status/2090133049291788434

Any non X source for this so people who don't use X can have a look?

for you and me: https://xcancel.com/EricNewcomer/status/2090133049291788434

Re: OpenRouter is joining Stripe

#237
post #234

Here's Stripe's letter to investors explaining its acquisition of OpenRouter (LEAKED) https://x.com/EricNewcomer/status/2090133049291788434

Any non X source for this so people who don't use X can have a look?

https://xcancel.com/EricNewcomer/status/2090133049291788434

Edit: ninja'd?

Re: OpenRouter is joining Stripe

#239

I rather have protocols be built and less middlemen PaaS. One great example is Open Banking. I would support an Open Router that mirrors Open Banking, unfortunately the Open here doesn’t carry the same connotation. Kudos to the team for succeeding in executing around a clear DX issue during the chaos of providers, though long term I am not really a fan of it staying as is even if Stripe gets to be the one carrying it…

What open banking? I can't even get a read-only token for my personal use to see the balance on my account and I sit two team calls away from people who cooked the API

Where it is already operational and available elsewhere worldwide. Unfortunately complex lobbying and Wall Street not being a fan of it as they’re the biggest loser makes it slow to get it done in the US.

Re: OpenRouter is joining Stripe

#240
post #57

Earlier quoted context omitted.

I don’t understand it, but good for OpenRouter. Personally, I think OpenRouter’s value is somewhat perishable. In the early AI market where there are a jillion models and anew one every week, it’s great to be able to try them all without having to create accounts and keys for each one. OpenRouter, which I use, makes this easy for developers to do. Add some cost controls and other “management” knobs and it works great…

> As things settle down and commoditize, the value of switching on a dime diminishes as people lock into their favorite models I can imagine just the opposite outcome from the same scenario: as people settle into their favorite but commoditized models, competition for marginal inference cost will take over. A company like OpenRouter that promises the cheapest tokens by the minute becomes essential on the low-cost mar…

> A company like OpenRouter that promises the cheapest tokens by the minute becomes essential on the low-cost margin.

Okay, I can see that, but if their value is just cost optimization, their ability to mark up the tokens becomes increasingly difficult as well. Or, people will build a router themselves to avoid paying the markup, possibly with reduced features, but someone will open source it. Heck, Claude or GPT can probably one-shot it these days. Either way, I think the whole OpenRouter model is going to struggle unless the market stays frothy.

Post reply on HN