Sources: OpenRouter is in talks to raise $120M led by CapitalG at a $1.3B post-money valuation; it now has $50M+ in annualized revenue, up from $10M+ in Oct. (The Information)

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The Information: Sources: OpenRouter is in talks to raise $120M led by CapitalG at a $1.3B post-money valuation; it now has $50M+ in annualized revenue, up from $10M+ in Oct. - As AI apps and agents shift to using multiple AI models, startups that help developers choose the right ones are gaining traction.