Portkey | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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Portkey is a technology company based in San Francisco, California, specializing in AI solutions that provide observability, governance, and optimization for AI applications. The platform processes over 14 billion LLM tokens daily and offers a comprehensive suite of tools designed to streamline AI integration for developers and organizations. Portkey's offerings include an AI Gateway, guardrails, and enterprise management features, making it a valuable resource for teams looking to enhance their AI capabilities.

🛍️ Portkey Product and Pricing News →

👔 Portkey CEO, Management and Leadership Team →

⚔️ Portkey Alternatives and Competitors →

💼 Portkey Hiring and Layoffs →

🤖 Portkey Developer, Integration and Automation News →

📈 Portkey Financials, Fundraising and Valuation News →

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🛍️ Portkey Product and Pricing News

• Portkey announced a new app feature that recycles tokens using their infinite monkey algorithm.
• Portkey has fully integrated Acuvity AI Guardrails to enhance security features like prompt injection detection and bias monitoring.
• Portkey announced new pricing for web search at $30/$25 per 1K queries, file search at $2.50 per 1K queries plus $0.10 per GB per day, and computer use at $3/$12 per 1M input/output tokens.
• Portkey has introduced web search as a tool in their Responses API for developers to get fast, up-to-date answers with clear citations.
• Portkey has launched three new tools: web search with 90% accuracy on SimpleQA, file search with metadata filtering, and computer use for automating browser actions.

• Portkey launched Prompt Playground to compare prompts across 1600+ models with an intelligent versioning system for smooth production rollouts.
• Portkey has shifted its focus to LLM orchestration and AI governance, emphasizing cost management and reliability in AI applications as of February 2025.
• Portkey launched the Prompt Engineering Studio, an advanced IDE for prompts that allows testing across 1,600+ models and integrates with their SDKs.

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👔 Portkey CEO, Management and Leadership Team

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⚔️ Portkey Alternatives and Competitors

• Vertex AI
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• Dynatrace
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• PagerDuty
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• Fullstory
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• SolarWinds Observability
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• Dify
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• Pulze.ai
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• Pezzo
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• Fetch Hive
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• Amazon SageMaker
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• Klu
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• Langfuse
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• WhyLabs
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• Vellum AI
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• DagsHub
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• DeepBrain AI
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• Contextual AI
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• Birdie
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• Atlassian
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• ClickUp
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• Coda

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💼 Portkey Hiring and Layoffs

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🤖 Portkey Developer, Integration and Automation News

• Portkey's co-founder Ayush Garg highlighted that a financial services client saved $2.3M annually by implementing AI governance controls that reduced redundant model calls by 40%.
• As of March 3, 2025, Portkey is now being monitored by StatusGator for outages and service disruptions.
• Quizizz achieved 99.99% uptime using Portkey's AI Gateway, highlighting its stability in enterprise workflows.
• Portkey now supports Qoala in managing 30 million policies monthly and over 25 GenAI use cases, enhancing prompt management and cost tracking.
• Portkey has partnered with Fireworks AI to make Deepseek R1 accessible in the US through Portkey's unified API.

• Portkey is now being used by Haptik's CTO Swapan R for AI model visibility and observability, replacing Qoala's CTO Prateek Jogani.
• Portkey closed more deals in the first 15 days of 2025 than in the last few months of 2024, deploying solutions for financial, manufacturing, and tech firms.

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📈 Portkey Financials, Fundraising and Valuation News

• Portkey reports that 46.2% of LLM traffic now goes to non-OpenAI providers, indicating the end of AI monopoly.
• Portkey's 2025 report reveals small-medium enterprises lead in LLM production use, OpenAI's dominance is challenged by Anthropic and Gemini, and multi-provider adoption has nearly doubled.

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