Stripe acquiring OpenRouter for $7B; monthly token volume hits 250T
Latent Space · rss · 2026-08-18
Latent Space AINews reports Stripe is acquiring OpenRouter for $7B, just 90 days after its $1.3B Series B. OpenRouter has an annualized revenue of $140M with a 70% gross margin (costs at 28.5%). Its monthly token throughput surged from 50T to 250T, serving 8M developers. The newsletter also covers OpenAI's infrastructure strategy, the launch of Cursor Origin, trends in multi-agent orchestration, and advancements in model efficiency.
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