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?
Models are commodities, aggregators win, strategy wins - https://s-1.vercel.app/posts/why-openrouter-can-be-the-next-...
LLM traces are supposedly very valuable. I imagine OpenRouter has one of the most extensive and diverse set of traces in the world.
Cursor got bought for $60B. This is simply how AI companies are valued.
If any of those companies put Ai into their pitch they too would be worth billions
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.