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OpenRouter is joining Stripe

openrouter.ai

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Re: OpenRouter is joining Stripe

#281

Post by croes »

apexalpha wrote: post #194

Great product, been using it for a while. Turns out even a proxy can be worth $8bn with the right business model behind it. Users get an array of providers competing behind a single API, meaning they have to compete on price and quality not vendor lock-in. This encourages users to join OpenRouter over specific model vendors. Providers get easy access to revenue (and data) and new customers with little to no ad spendi…

Given the costs of the providers I doubt that sharing the revenue is a win for them.

They are fighting to be the one and only

Re: OpenRouter is joining Stripe

#282

Post by bdangubic »

croes wrote: post #281
apexalpha wrote: post #194

Great product, been using it for a while. Turns out even a proxy can be worth $8bn with the right business model behind it. Users get an array of providers competing behind a single API, meaning they have to compete on price and quality not vendor lock-in. This encourages users to join OpenRouter over specific model vendors. Providers get easy access to revenue (and data) and new customers with little to no ad spendi…

Given the costs of the providers I doubt that sharing the revenue is a win for them. They are fighting to be the one and only

no company will reject revenue :)

Re: OpenRouter is joining Stripe

#283

Post by ygjb »

aleqs wrote: post #248
ygjb wrote: post #205

Earlier quoted context omitted.

A single policy location for multiple models with usage limits/rate limits, spend limits all configurable using a common syntax + deep integration with account levels and high visibility into subscription/payments related to meter usage to help understand whether or not your pricing model is underwater as costs change is exceptionally valuable. AFAIK each product consuming model providers without an openrouter style…

You're just describing what OpenRouter already does?

The first half yes, the second half, I don't think so, because that would require OpenRouter to know what you are charging your customers.

Re: OpenRouter is joining Stripe

#284

Post by hmokiguess »

lxgr wrote: post #278
hmokiguess wrote: post #230

Earlier quoted context omitted.

Brazil did PIX which in that case the middleman is the government and everyone got to benefit from

Isn't PIX a payment scheme? Open banking is slightly different, as it's more about account access (although with read+write access, you can kind of build it into a payment scheme as well, although it's usually clunky).

You're right, they are actually one step ahead and into what is now called Open Finance and aims at extending Open Banking beyond the original vision.

The brazilian central bank has a page about it[1]

[1] https://www.bcb.gov.br/estabilidadefinanceira/openfinance

Re: OpenRouter is joining Stripe

#285

Post by shimman »

theplatman wrote: post #265
flexagoon wrote: post #225

Earlier quoted context omitted.

Every single Open Banking implementation I know also requires everyone to go through a useless certified middleman (eg. Plaid, GoCardless, ...) instead of letting people use the APIs directly

would encourage you to read up about how the rest of the world has solved this

Can you just link us to the relevant pieces? I rather not search on my own and read wall street propaganda on why it's bad (which is what I'm finding and not interested in).

Re: OpenRouter is joining Stripe

#286

Post by nozzlegear »

theplatman wrote: post #265
flexagoon wrote: post #225

Earlier quoted context omitted.

Every single Open Banking implementation I know also requires everyone to go through a useless certified middleman (eg. Plaid, GoCardless, ...) instead of letting people use the APIs directly

would encourage you to read up about how the rest of the world has solved this

Why don't you just tell us, rather than give us homework?

Re: OpenRouter is joining Stripe

#287

Post by shimman »

charlierguo wrote: post #253
sarabande wrote: post #60

Earlier quoted context omitted.

I manage our company's model spend and build tools around it. The good thing about the developer experience is that it is dead simple to create keys that are time-bound, model restricted, and have budgets against them in an easy, programmatic way (also in bulk). Costs are guaranteed to be on par or lower than any model provider, so it's an easy sell to the finance department. To look at it from the other side, Gemini…

I work on DevEx for OpenAI's API - I'd love to hear more about what we could be improving here!

You're supposedly worth a trillion dollars, can't you know... pay for your own market research rather than forcing the public to provide it for you? Is this what they seriously teach devs there?

Re: OpenRouter is joining Stripe

#289

Post by sensanaty »

gavino wrote: post #3

Could someone explain why these routers are so valuable and pulling acquisitions in the billions?

If you stick "AI" anywhere in your product pitch you get to stick a few extra zeroes on your valuation that has been pulled from your ass which you then sell to feckless VCs looking to swallow the world before the bubble pops
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