Stripe in talks to acquire AI platform OpenRouter for nearly $10 billion
Payment processing giant Stripe is reportedly in acquisition talks with AI model aggregator OpenRouter. The deal could value OpenRouter at close to $10 billion.
Online payment processor Stripe is in discussions to acquire AI model aggregation platform OpenRouter, according to sources cited by The Wall Street Journal. The potential deal values OpenRouter at approximately $10 billion.
This valuation represents a significant increase from OpenRouter's previous funding round in May, where it was valued at $1.3 billion. Deal terms have not been finalized, and the negotiations could still fall apart or attract competing bids.
Founded in 2023, OpenRouter serves as an intermediary platform for AI developers and enterprise users, aggregating hundreds of open and closed-source AI models.
Stripe, established in 2011, offers online payment processing, developer APIs, and financial management software, with dual headquarters in San Francisco and Dublin. An acquisition would mark a strategic entry into the rapidly expanding AI sector for Stripe.