Stripe to acquire OpenRouter for over $7B, up from $1.3B valuation

The Decoder · rss · 2026-08-17

Stripe is acquiring AI model-routing startup OpenRouter for more than $7 billion, according to Bloomberg — a huge jump from its latest $1.3 billion valuation.

OpenRouter offers unified access to 400+ AI models and has 8 million users. Its CEO once described the company as "Stripe for AI" — now that's becoming literal.

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