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Stripe Nears Deal to Buy AI Firm OpenRouter for Over $7 Billion

Bloomberg Technology Sunday 16 August 2026, 19:32 UTC By Yazhou Sun, Natasha Mascarenhas and Paige Smith 1 min read
Key Points

Stripe Nears Deal to Buy AI Firm OpenRouter for Over $7 Billion Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter. The deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions. It could also give Stripe, a payments...

Stripe Nears Deal to Buy AI Firm OpenRouter for Over $7 Billion Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter. The deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions. It could also give Stripe, a payments processing firm, a stronger footing in the fast-growing artificial intelligence sector.
OpenRouter Inc. (ORG) OpenRouter (PERSON) Stripe (ORG)
Originally published by Bloomberg Technology Read original →

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