OpenRouter Doubles to $1.3B While Big Labs Burn Cash

OpenRouter just doubled its valuation to $1.3 billion in under a year, and it doesn’t own a single GPU. While the big labs burn billions training models, this API gateway is quietly collecting a toll from all of them. Here’s why that’s the smarter business.
OpenRouter Doubles Valuation to $1.3B While AI Giants Sleep

OpenRouter just doubled its valuation to $1.3 billion in under twelve months. While the AI world fights over which model wins, OpenRouter owns the infrastructure underneath all of them. That position is worth more than most people realize.
