Stripe will reportedly acquire AI model router OpenRouter in deal exceeding $7 billion

Stripe has reportedly finalized an agreement to acquire OpenRouter, according to a report from Bloomberg, with sources indicating a deal price above $7 billion. This development follows a recent report by The Wall Street Journal that detailed ongoing acquisition talks between the two companies. OpenRouter is a platform that enables customers to select from a wide selection of AI models from OpenAI, Anthropic, Google, and more, allowing users to match solutions to their specific needs and budgets. Earlier this year, OpenRouter announced a $113 million Series B funding round that raised its reported valuation to $1.3 billion. While discussing the company’s approach in May, OpenRouter CEO Alex Atallah likened the startup to Stripe for AI, describing it as a single interface for accessing multiple systems and reducing the risk of vendor lock-in. The company also claimed a global user base of 8 million and provides access to more than 400 AI models. Despite these details, Stripe has not iss...