Stripe to Acquire OpenRouter for Over $7B, 5.4x May Valuation

rohanpaul_ai · x · 2026-08-17

Stripe has reportedly agreed to acquire OpenRouter for more than $7 billion, over 5.4x its May valuation of $1.3 billion. OpenRouter boasts 10M+ users, 500+ models, and 200T+ monthly tokens. The deal would give Stripe control over both metering and routing for AI spending, potentially weakening model vendors' pricing power.

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