๐ธ Stripe Acquires AI Model Gateway OpenRouter for Over $7 Billion
Stripe finalized a deal on August 16-17 to buy OpenRouter, a startup that routes developer requests across 400+ AI models, for more than $7 billion โ a roughly 5x jump from its $1.3B valuation just months ago. The acquisition signals Stripe's bet that AI API billing and model routing will become core payments infrastructure. Does this make Stripe the default middleware layer between developers and AI providers?