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Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

OpenRouter's CEO recently described the startup as Stripe for AI.

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OpenRouter's CEO recently described the startup as Stripe for AI.

The short version

  • Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg .
  • OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget.
  • The startup also claimed to have 8 million global users and to provide access to more than 400 models.

What happened

The Wall Street Journal reported last month that Stripe and OpenRouter were in acquisition talks. Now, Bloomberg said those discussions have led to a deal price of more than $7 billion.

Why it matters

A Stripe spokesperson told TechCrunch that the company does not comment on rumors or speculation.

Summary by Nerd News Network. Read the full article at TechCrunch via the links above and below.

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