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According to The New York Times, OpenSea co-founder Alex Atallah's AI model aggregation platform OpenRouter announced the completion of a $113 million Series B funding round.
This round was led by CapitalG, a subsidiary of Google's parent company Alphabet, with participation from NVIDIA's NVentures, ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, and Databricks Ventures.
Existing investors a16z and Menlo Ventures continued to participate.
Sources familiar with the matter revealed that this funding round valued OpenRouter at approximately $1.3 billion, more than doubling its valuation from the previous funding round last year.