logoalt Hacker News

Gecko4072today at 9:18 PM5 repliesview on HN

How can a middle man for api calls be worth so much? Their market share can’t be very large right? For comparison, $7B is more than market cap of Lyft, Dolby, and Alaska Airlines. What is happening?

https://stockanalysis.com/list/mid-cap-stocks/


Replies

minimaxirtoday at 9:27 PM

I'd suspect it's related to the rise of good/cheap Chinese models, and OpenRouter is the best way to use them without jumping through a ton of hoops.

show 1 reply
Taikhoom10today at 9:40 PM

Models are commodities, aggregators win, strategy wins - https://s-1.vercel.app/posts/why-openrouter-can-be-the-next-...

show 1 reply
codybontecoutoday at 9:25 PM

LLM traces are supposedly very valuable. I imagine OpenRouter has one of the most extensive and diverse set of traces in the world.

show 2 replies
throwaway473825today at 9:27 PM

Cursor got bought for $60B. This is simply how AI companies are valued.

blitzartoday at 9:22 PM

If any of those companies put Ai into their pitch they too would be worth billions

show 2 replies