Kong acquired OpenMeter, a provider of metering and billing software based on an open source project. Kong will embed OpenMeter's usage-based metering and billing into Kong Konnect, a platform for managing APIs, early next year. OpenMeter software will remain available as open source and via its SaaS application. Metering and billing are critical for monetizing APIs that access cloud-hosted large language models billed per token. Adding metering metadata in Kong Konnect will simplify cost tracking as organizations expand AI agent deployments. AI agents will trigger thousands of API and data calls per second, increasing scale, variability, and latency challenges.
Ross Kukulinski, vice president of product management for Kong, said OpenMeter will enable Kong to embed the usage-based metering and billing capabilities into Kong Konnect, a platform for managing application programming interfaces (APIs), early next year. In the meantime, Kong will continue to make the OpenMeter software available both as open source software and via a software-as-a-service (SaaS) application service that OpenMeter provides.
Most of those use cases require organizations to pay to access those services using tokens that are generated by each input and output. The metering and billing capabilities that will be added to the metadata generated by Kong Konnect to make it simpler for organizations to track those costs as they expand the number of AI agents they deploy, said Kukulinski. OpenMeter CEO Peter Marton added that in the absence of usage-based pricing, the cost of infusing AI into applications becomes too chaotic to manage.
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