๐ธ Stripe is buying AI routing startup OpenRouter for more than $7 billion
Stripe finalized a deal on August 16 to acquire OpenRouter, the startup that lets companies seamlessly switch between AI models. The $7B+ price tag is a 5x markup over OpenRouter's $1.3B Series B valuation from just three months ago in May 2026. Stripe plans to fold model routing and billing into its AI infrastructure play. Is payments infrastructure quietly becoming the backbone of the entire AI economy?
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