Stripe Nears Deal to Buy AI Firm OpenRouter for Over $7 Billion
August 16, 2026 at 7:32 PM UTCUpdated on August 16, 2026 at 8:08 PM UTCStripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter. The deal, just months after OpenRouter raised money at a reportedBloomberg Terminal $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions. It could also give S...
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