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If Stripe ends up buying three-year-old startup OpenRouter for close to $10 billion, the payments firm would be paying a substantial premium of about 70 times the startup’s recent annualized revenue, according to a person with knowledge of OpenRouter’s financials.
OpenRouter, which helps app developers access hundreds of AI models, was recently generating about $140 million in annualized revenue, or roughly $12 million a month. That revenue pace is up nearly threefold since April, and the startup’s costs h
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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In June, data labeling startup micro1 approached Robby Hogle, CEO of a heating, ventilation and air conditioning company in Troy, Mich., with a proposition: why not learn how to use AI in his business and get paid for it?Hogle had already been doing some work for micro1 as a side hustle. Hogle, a former investment banker, had been providing feedback to micro1 on how well AI models were able to... Read more ›
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Chrono Innovation wants to bring agency-level accountability to AI-assisted software development. Read more ›
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LemonEdge has raised a $21m (£15.8m) Series A to accelerate product development and continued expansion in the US and Europe. LemonEdge is a fund accounting and operations system built for private markets. Where legacy systems left the hardest processes offline, the firm says it brings them onto the system in real time and is automated, ... Read more ›
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A GPU repair shop in the UAE is promising to upgrade the VRAM capacity of an RTX 2080 Ti from 11GB to 22GB by swapping the 1GB GDDR6 modules with 2GB chips and modifying the strap resistors to recognize the new VRAM. Read more ›
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I travel often for work, but starting Wegovy changed the way I plan and experience trips. I wish I'd known more about traveling on a GLP-1. Read more ›
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Это вторая часть цикла про заметочник, который я пилю по вечерам (и ночам). В первой я рассказал, как терял заметки где‑то между Notepad++, Trello, OneNote и Obsidian, — а сейчас расскажу, как собираюсь их находить. Читать далее Read more ›
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PUBG, once the biggest multiplayer game on PC, has quietly continued to do very well. Though it may no longer make the headlines, it remains a constant sight in Steam's top five most played games, trading blows with the platform's biggest releases regularly. Read more Read more ›
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Всем привет, меня зовут Михаил, я работаю Senior Java разработчиком в ОТП Банке.Смотря на всю ситуацию на рынке, я подумал: хм, вот джуны притворяются мидлами и сеньорами и ходят по собесам. А что, если все будет наоборот? Учитывая, что ситуация на рынке для джунов совсем плачевная, я решил провести эксперимент. 30 дней. Только я, фейковое резюме джуна, новый Telegram-аккаунт - и все!В этой истории было все: отказы, тестовые, преофферы, даже... Read more ›
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B2B travel tech company TBO Tek reported a 32% rise in its consolidated net profit to ₹83.4 Cr in the… Read more ›
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"We were a scrappy startup," Delo said of BitMEX back in 2016, when it launched the first perpetual future. "We thought, ‘Just get it out there. If it was any good, the market would show us.’" Read more ›
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From colorful ceilings and canopy beds to biophilic design elements, here are the home trends interior designers wish they saw more of. Read more ›
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Привет! Меня зовут Даша, я занимаюсь развитием сервиса Скорозвон — облачного решения для автоматизации коммуникаций в отделах продаж и колл-центрах. И я менеджер продукта.На первый взгляд, продакт не самый очевидный автор статьи о работе с клиентами: текущими вопросами обычно занимается клиентский сервис. Но чтобы развивать продукт, недостаточно получать отдельные запросы через заявки, продажи и интервью. Важно понимать, как устроен бизнес клиента, с какими проблемами он сталкивается и каких результатов хоч Read more ›
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Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The money it saves is going into the payment methods that could one day make those rails matter less. The payments network confirmed the cuts on Tuesday, in a staff memo […] This story continues at The Next Web Read more ›
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Elon Musk's platform hit out at the country's “invasive” information-gathering powers as it demands the government drop efforts to strengthen its no-children policy. Read more ›
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The BBC has so many structural benefits that it's unthinkable it could be usurped by anyone else in the UK. Read more ›
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На одном B2C-проекте я отдельно спросил пятерых разработчиков, верят ли они, что продукт дойдёт до первой тысячи пользователей. Никто не ответил “да”.Формулировки отличались, степень скепсиса тоже, но довольно быстро стало понятно, что я собрал не пять независимых мнений. Люди уже обсуждали перспективы продукта между собой. У официальной дорожной карты были годы развития, а у команды сложилась своя: до тысячи пользователей мы, скорее всего, не дойдём, поэтому текущую задачу надо закрыть,... Read more ›
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My favorite recipe for chocolate cake (and buttercream) is from Joanna Gaines. The star ingredient is cola, and it's perfect for dinner parties. Read more ›
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Halo: Campaign Evolved - the latest big budget release from Microsoft - is out and in the hands of sci-fi lovers on both PlayStation and Xbox. However, after some arduous testing, you might be surprised at which console runs it best. Read more Read more ›
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The Information
Longtime Fidelity Management’s semiconductor fund manager Adam Benjamin is joining Michael Dell’s family office DFO Management, according to people familiar with his move. At Fidelity, Benjamin managed the $55 billion Fidelity Select Semiconductors mutual fund and also helped manage several ... Read more ›
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Enterprise software firm Monday.com said Wednesday it plans to cut 20% of its workforce in the second half of ths year to “support a leaner, more focused operational model” as it continues to invest in AI. The planned job cuts, which would affect around 600 people, is the latest in a series of ... Read more ›
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Cloud and software incumbents want businesses to think twice before using Anthropic, OpenAI and other closed-source AI providers. Executives such as Palantir CEO Alex Karp have argued, for instance, that these AI firms could use their customers’ data to compete with them eventually. These potential fears could also help new AI startups catering to businesses.One such startup is Noeri, a new AI lab founded by two Stanford computer science professors... Read more ›
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Arcee, an American open-weigh AI provider, announced a partnership with the Department of Energy, in which the DOE will use Arcee’s AI models to advance scientific research. Arcee AI will help government researchers “automate a lot of the more mundane, but tricky and nuanced workflows that they ... Read more ›
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Advanced Micro Devices said Wednesday it would make a $5 billion equity investment in Anthropic “in the future,” and the Claude AI maker would use AMD’s AI server chips starting next year. Anthropic has been steadily diversifying its AI server sources and is evaluating chips from other providers ... Read more ›
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Cursor is preparing to release a model router as soon as Wednesday, according to a draft of a company announcement viewed by The Information. Cursor’s new product comes amid a flurry of enthusiasm for routers, which can select the best model for a particular task, balancing performance and cost. ... Read more ›
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In the weeks since Robinhood opened its doors to AI agents, customers of the popular financial app have been using agents for everything from research to trading. Now, a key question for Robinhood’s broader revenue opportunity is how much of an edge the technology can give investors.In late May, Robinhood started letting customers connect their own AI agents to its app through the Model Context Protocol, a standard that lets... Read more ›
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Amazon cut staff today from the division working on building its own large language models, according to a spokesperson. The spokesperson said that while AI models “remain one of the most important things we’re working on,…we’re sharpening our focus on the initiatives that matter most for ... Read more ›
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Stripe is coming off a banner year thanks to booming growth in the AI sector, where the company processes payments for big AI labs and small developers alike. The payment giant’s revenue jumped by a third to $6.8 billion last year, according to a person familiar with its financial figures, marking its fastest revenue growth since 2021. Stripe is also practically printing cash, with free cash flow surging 52% to... Read more ›
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Enterprise software firm ServiceNow’s second quarter revenue growth accelerated a couple of percentage points to 24%, the company reported Wednesday, thanks in part to strong demand from the federal government that pulled some business into the second quarter from the third quarter. One result ... Read more ›
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29.07.2026 10:15
Last update: 10:10 EDT.
News rating updated: 17:10.
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