AI TRENDS | OpenRouter Secures $113 Million in Series B Funding Led by CapitalG

OpenRouter, an AI model aggregation platform, has announced the completion of its $113 million Series B funding round, according to PANews. The round was led by CapitalG, the growth fund of Google's parent company, with participation from a16z, Menlo Ventures, NVentures (Nvidia's venture arm), and venture arms of ServiceNow, MongoDB, Snowflake, and Databricks. The company's valuation has surpassed $1 billion. OpenRouter reported a significant increase in platform usage, with weekly token calls rising from 5 trillion to 25 trillion over the past six months. This growth indicates a shift from experimental to production environments for AI applications.