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Stripe reportedly finalizes deal to buy AI model router OpenRouter for more than $7B

OpenRouter Inc., which sells developers a single door into more than 400 artificial intelligence models, has agreed to terms to sell itself to Stripe Inc. for north of $7 billion, according to a report today from Bloomberg. The company’s pitch is that one integration outlives any single model. A customer writes to OpenRouter once, then swaps […] The post Stripe reportedly finalizes deal to buy AI…

Stripe reportedly finalizes deal to buy AI model router OpenRouter for more than $7B

OpenRouter, an artificial intelligence model router company, has reportedly finalized a deal to be acquired by Stripe for over $7 billion, as per a Bloomberg report. The deal aims to integrate Stripe's infrastructure and payments expertise with OpenRouter's AI model routing capabilities. OpenRouter offers developers a single point of access to more than 400 AI models, allowing them to switch between providers like OpenAI, Anthropic, or cheaper open-weight alternatives without changing their code.

The company claims to handle weekly throughput of 25 trillion tokens, with its annualized revenue reaching around $50 million as of March 2025. Stripe, which has not confirmed nor denied the report, sees this acquisition as a strategic move to enhance its infrastructure offerings and gain a foothold in the AI model routing market.

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