181–190 of 279 posts
Hm. Would be interesting to see the finance spreadsheets for this. Typically the B-round guys are looking for something approaching a 10x return. Can anyone justify OpenRouter being worth $1.1Bn? That seems really high for a “management”/man-in-the-middle play. But sure, AI and all. But I’m old enough to remember when every dot-com was a billion dollar valuation, too.
Do you really need VC money to put a proxy in front of other APIs? For what exactly? Marketing? What exactly you want to maket? You're already known. Infrastructure? For proxying requests more infrastructure? You could just pay Cloudflare. More engineers? But you yourself are the stret seller for the same snake oil that engineers aren't anymore necessary So what that 100 million dollars are for?
"Over the last six months, weekly volume on OpenRouter has grown from 5 trillion to 25 trillion tokens". DAMN!! That's 41+ million tokens every second. That scale is crazy for such a small team of 48-50 people overall.
> ... with participation from NVentures (NVIDIA's venture capital arm), ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures ... Are tech companies FOMOing so hard that they're now all running AI venture arms themselves instead of you know, developing their own products? Except for NVIDIA who needs to keep pumping the bubble I didn't expect the others.
Is the Open in OpenRouter the same as in Open AI? I couldn’t find any repository or hosted code. Thought it'd be a open source, self hostable tool with a cloud offering but seems its just the latter?
The Open in OpenRouter is the same as in OpenSea, as it's the same founder. Make of that what you will.
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…
Earlier quoted context omitted.
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)
BTW, the openai responses api has a store parameter and a thread id input. Makes it possible to send a thread id and append a new message, ask for completion. So it feels like keeping the conversation going. Technically it does retrieve the entire history and reevaulate it since the LLM is stateless. Just more ergonomic for the developer. And prompt caching helps cut the costs down when a conversation drags on.
Hm. Would be interesting to see the finance spreadsheets for this. Typically the B-round guys are looking for something approaching a 10x return. Can anyone justify OpenRouter being worth $1.1Bn? That seems really high for a “management”/man-in-the-middle play. But sure, AI and all. But I’m old enough to remember when every dot-com was a billion dollar valuation, too.
"Over the last six months, weekly volume on OpenRouter has grown from 5 trillion to 25 trillion tokens". DAMN!! That's 41+ million tokens every second. That scale is crazy for such a small team of 48-50 people overall.
To put that in perspective, if you assume a token is 4 bytes, that’s about 164 MB/s of traffic, which sounds a bit less staggering.
Hi HN! OpenRouter co-founder and COO here. Lots of questions about why we raised! First off: We remain founder-led and founder-controlled, and intend on being here for a long time, creating awesome products for builders all over the world. We are basically a bunch of tinkerers who like building things, and try to make stuff that we would like, when building with AI. Since this is about the raise though, happy to shar…