Anthropic completed a $65 billion Series H round, bringing its valuation to $965 billion and reportedly surpassing OpenAI. The round included strategic investments from memory makers Micron, Samsung, and SK Hynix. The news highlights how frontier AI companies are increasingly tied to hardware and memory supply chains, as investors continue backing foundational model competition.
OpenRouter, an AI gateway startup founded in 2023, raised a $113 million Series B led by CapitalG. The round reportedly values the company at about $1.3 billion post-money, more than doubling from its estimated $547 million valuation after its June 2025 Series A. The company says it now offers access to over 400 models, has 8 million global users, and processes 100 trillion tokens per month.