Stripe Acquires OpenRouter for $7B+

10 articles • Started 3 months ago • Last updated 3 months ago

Stripe has acquired AI startup OpenRouter for $7.5 billion, the company confirmed August 19th, marking a major expansion into artificial intelligence for the payments platform. Reports of the deal emerged August 16th, with the acquisition valued at more than $7 billion. OpenRouter, an AI gateway that routes requests across multiple language models, becomes a significant addition to Stripe's services. Venture capital firm Andreessen Horowitz, an investor in OpenRouter, stands to gain approximately $1.5 billion from the transaction.

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Stripe Buys A.I. Start-Up OpenRouter for $7.5 Billion NY Times - Technology •