Stripe Buys AI Model Router OpenRouter, Reportedly $7.5bn+

Stripe buys AI model router OpenRouter, reportedly $7.5bn+

Stripe has agreed to buy OpenRouter, the startup whose software helps companies route their spending across hundreds of AI models. The payments firm confirmed the deal on Wednesday, making official an acquisition the press first reported earlier this month. Neither company put a figure on the deal. Outside reporting has, and the numbers do not […] This story continues at The Next Web

Stripe's $7B+ OpenRouter Deal: 5x Its Last Valuation

Why Is Stripe Buying OpenRouter? Stripe has finalised an agreement to acquire artificial intelligence infrastructure start-up OpenRouter for more than $7 billion, according to people familiar with the matter, in a deal that would push the payments company deeper into the fast-growing market for AI software infrastructure. The transaction has not been publicly announced and the final price could still change. Stripe said it does not comment on ru…