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

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

Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg.

OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget. The company announced in May that it had raised a $113 million Series B, at a reported $1.3 billion valuation. (Investors include Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet’s Capital G.)

Originally reported by TechCrunch. Read the full story at the original source.