tech π€ Stripe to snag AI gateway startup OpenRouter for $7B+
Stripe has reportedly finalized the acquisition of AI gateway startup OpenRouter for over $7 billion. This deal involves OpenRouter, which helps users pick various AI models based on their budget and needs. The startup previously raised a $113 million Series B round with a reported $1.3 billion valuation in May. OpenRouter CEO Alex Atallah likened the company to Stripe for AI due to its unified access point for multiple systems. The acquisition solidifies Stripe's move into the rapidly evolving AI infrastructure space. π€