Stripe to acquire AI gateway OpenRouter in reported $7 billion deal

Stripe has completed the acquisition of OpenRouter, an AI model gateway that enables customers to select from various AI models based on their specific requirements and budget. OpenRouter, which had raised $113 million in Series B funding in May at a $1.3 billion valuation, serves approximately 8 million users globally and provides access to over 400 AI models. The company's CEO positioned OpenRouter as the Stripe equivalent in the AI space, emphasizing its role in providing unified access across multiple systems while preventing vendor lock-in. According to Bloomberg's reporting, the deal is valued at more than $7 billion, marking a significant investment in the AI infrastructure space.