Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

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Stripe has finalized a woody to get OpenRouter, according to a caller study successful Bloomberg.

OpenRouter helps customers to prime antithetic AI models to execute antithetic tasks, depending connected their circumstantial needs and budget. The institution announced successful May that it had raised a $113 cardinal Series B, astatine a reported $1.3 cardinal valuation. (Investors see Sequoia, Andreessen Horowitz, Menlo Ventures, and Alphabet’s Capital G.)

At the time, OpenRouter CEO Alex Atallah described the company arsenic the equivalent of Stripe for AI, due to the fact that it provides customers with a azygous entree constituent for antithetic systems and prevents lock-in. The startup besides claimed to person 8 cardinal planetary users and to supply entree to much than 400 models.

The Wall Street Journal reported past month that Stripe and OpenRouter were successful acquisition talks. Now, Bloomberg said those discussions person led to a woody terms of much than $7 billion.

A Stripe spokesperson told TechCrunch that the institution does not remark connected rumors oregon speculation.

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