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Acquisition

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  • Stripe Finalizes $7 Billion Acquisition of AI Model Marketplace OpenRouter

    Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., the startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter. The deal underscores the growing demand from businesses to find the most cost-efficient AI solutions. OpenRouter's $1.3 billion valuation in May jumped nearly 5.4x in just 82 days as the AI infrastructure market heats up. OpenRouter's role in the AI ecosystem OpenRouter operat

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