PANews reported on May 26th that, according to The New York Times, AI model aggregation platform OpenRouter announced the completion of a $113 million Series B funding round. The round was led by CapitalG, the growth fund of Google's parent company, with participation from a16z, Menlo Ventures, NVIDIA's NVentures, and venture capital firms such as ServiceNow, MongoDB, Snowflake, and Databricks. The company's valuation exceeds $1 billion. OpenRouter stated that its weekly platform usage has increased from 5 trillion tokens to 25 trillion tokens in the past six months, reflecting the accelerated transition of AI applications from the experimental stage to production environments.
