Stripe Finalizes $7B+ OpenRouter Deal

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- Stripe has finalized an agreement to acquire OpenRouter, a startup that helps companies switch between artificial intelligence models, for more than $7 billion.
- OpenRouter was previously valued at $1.3 billion in May, per the source — a figure substantially exceeded by the more than $7 billion acquisition price.
Why it matters: The more-than-$7 billion price tag represents a steep markup over OpenRouter's $1.3 billion May valuation, signaling that Stripe is making a major bet on AI model-routing infrastructure for its platform.
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