Stripe agrees to buy AI routing startup OpenRouter for over $7 billion

Stripe has reportedly finalized an agreement to acquire AI model-routing platform OpenRouter for more than $7 billion, months after the startup was valued at $1.3 billion in its latest funding round. Summary Stripe has reportedly agreed to acquire OpenRouter for more than $7 billion. OpenRouter was valued at $1.3 billion after raising $113 million in May. The platform provides access to more than 500 AI models from over 80 providers through a single interface. Stripe has been expanding its infrastructure for AI agents and machine initiated payments. Bloomberg reported on Sunday that Stripe had reached a deal to buy OpenRouter, citing people familiar with the matter, while TechCrunch later reported the transaction and noted that Stripe had not formally announced the acquisition. A Stripe spokesperson declined to confirm the deal, telling TechCrunch that the company “does not comment on rumors or speculation.” The reported agreement therefore remains unconfirmed by Stripe or OpenRouter despite multiple reports that negotiations have concluded. OpenRouter gives developers a single interface for accessing hundreds of artificial intelligence models from providers including OpenAI, Anthr...