According to Bloomberg, Stripe has finalized a deal to acquire OpenRouter, an AI model gateway startup, for more than $7 billion. OpenRouter helps customers choose between different AI models based on their needs and budget, and raised a $113 million Series B in May at a reported $1.3 billion valuation.
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Correction instructionsStripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg.
OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget. The company announced in May that it had raised a $113 million Series B, at a reported $1.3 billion valuation. (Investors include Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet’s Capital G.)