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Stripe to Acquire OpenRouter in Deal Valued at Up to $8 Billion
Key Points
- Stripe confirmed it will acquire AI‑routing startup OpenRouter.
- Deal value reported between $7.5 billion and $8 billion, higher than OpenRouter’s $1.3 billion prior valuation.
- OpenRouter offers a single API to access 400+ AI models from 80+ providers, processing over 10 trillion tokens daily.
- Backers include Andreessen Horowitz, Sequoia Capital, Nvidia and Alphabet’s CapitalG.
- Stripe aims to extend its token‑billing product and help firms manage AI spend efficiently.
- Acquisition expected to close in the coming weeks, pending standard conditions.
- Stripe’s broader AI push includes a 41 % revenue jump and a $159 billion valuation after a recent share sale.