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Stripe will pay $7.5 billion for OpenRouter, the AI model traffic cop

AI News October 19, 2026 12:01 PM
Stripe will pay $7.5 billion for OpenRouter, the AI model traffic cop

Stripe will pay $7.5 billion for OpenRouter, the AI model traffic cop

OpenRouter raised $113 million at a $1.3 billion valuation in May, led by Alphabet. Stripe just agreed to pay roughly six times that, after outbidding Databricks for the AI routing startup.