Quartz·1 min read·medium
Stripe is acquiring AI model gateway startup OpenRouter in a $7 billion-plus deal
✦AI Summary
Stripe is set to acquire the AI model gateway startup OpenRouter in a deal valued at over $7 billion. This acquisition represents a significant premium over the company's $1.3 billion valuation from just a few months ago.
The deal values OpenRouter at more than 5 times the $1.3 billion valuation it carried just months ago when it raised a Series B
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