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Stripe Agrees to Buy AI Router OpenRouter for More Than $7 Billion

AI News August 17, 2026 04:02 PM
Stripe Agrees to Buy AI Router OpenRouter for More Than $7 Billion

Stripe Agrees to Buy AI Router OpenRouter for More Than $7 Billion

Stripe has reportedly agreed to buy OpenRouter, the startup whose API routes developer requests across more than 400 AI models, for more than $7 billion, according to Bloomberg. That's over five times OpenRouter's $1.3 billion valuation from a funding round closed just months earlier, and the deal hands one of the world's largest payment processors control of infrastructure startups rely on to avoid getting locked into a single AI model provider.