- Bloomberg reports Stripe has finalized a deal to acquire AI gateway startup OpenRouter for more than $7 billion.
- OpenRouter helps customers select different AI models for different tasks based on their needs and budget.
- OpenRouter announced a $113 million Series B in May at a reported $1.3 billion valuation, with investors including Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet’s Capital G.
- OpenRouter CEO Alex Atallah previously described the company as the ‘Stripe for AI’, providing a single access point for different AI systems to prevent lock-in.
- OpenRouter claimed to have 8 million global users and access to more than 400 models.
If completed, the acquisition would give Stripe OpenRouter’s AI gateway capabilities, potentially accelerating its AI infrastructure push, but the deal is not officially confirmed.
Watch for official confirmation from Stripe or OpenRouter, and any regulatory approvals.