Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

Stripe has agreed to acquire OpenRouter, an AI gateway startup, for more than $7 billion according to Bloomberg. OpenRouter allows customers to access different AI models and select which ones to use based on their specific needs and budget, functioning as a single access point that prevents being locked into one system. The startup raised $113 million in funding at a $1.3 billion valuation in May and serves 8 million global users with access to more than 400 models. This acquisition represents a significant increase in OpenRouter's valuation in just a few months.