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Stripe will reportedly acquire AI gateway firm OpenRouter for $7 billion+

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◎ Multiple-sources

Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg.

Key facts

Summary

OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget. At the time, OpenRouter CEO Alex Atallah described the company as the equivalent of Stripe for AI, because it provides customers with a single access point for different systems and prevents lock-in. The Wall Street Journal reported last month that Stripe and OpenRouter were in acquisition talks. A Stripe spokesperson told TechCrunch that the company does not comment on rumors or speculation.

#Bloomberg #Stripe #Wall Street