Stripe buys AI model router OpenRouter in reported $7.5B deal
Stripe Inc. today said it has agreed to acquire artificial intelligence model routing startup OpenRouter Inc. in a deal reported at $7.5 billion or more. Neither company disclosed terms and the reported numbers do not agree. The New York Times said $7.5 billion, citing a person with knowledge of the terms. Axios pui it above […] The post Stripe buys AI model router OpenRouter in reported $7.5B…
Stripe has agreed to acquire artificial intelligence model routing startup OpenRouter Inc. in a reported $7.5 billion deal. Neither company disclosed the exact terms, but the figure does not agree with reports from Axios and Bloomberg. OpenRouter's platform allows developers to point their code to a single endpoint, which then routes requests to over 400 models from more than 80 providers.
Stripe will retain about 5% of the inference spending generated through the platform. The combination is seen as a significant move for Stripe, which aims to build the economic infrastructure for AI by routing requests intelligently and spending tokens efficiently. OpenRouter's co-founder and chief executive, Alex Atallah, emphasized the importance of a neutral layer to orchestrate various models. The deal is expected to close within weeks.
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