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AI model market platform OpenRouter receives $40 million in financing, led by a16z and others

AI model market platform OpenRouter has announced the completion of a $40 million seed round and Series A financing, with a company valuation of approximately $500 million. This round of financing was led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia and several other well-known industry investors. The funds will be used for product development, introducing new model types, and expanding enterprise support.

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