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Stripe is acquiring AI model gateway startup OpenRouter in a $7 billion-plus deal

The deal values OpenRouter at more than 5 times the $1.3 billion valuation it carried just months ago when it raised a Series B

Stripe is acquiring AI model gateway startup OpenRouter in a $7 billion-plus deal

Stripe is reportedly acquiring OpenRouter, a strategic move that hints at the growing significance of an AI-driven market, with opportunities for aggregation at its core. The acquisition aims to consolidate resources and expertise, paving the way for a new business model in the competitive landscape.

Written by urgent.news from Stratechery's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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