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Stripe clinches over $7 billion deal to buy AI firm OpenRouter

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Stripe clinches over $7 billion deal to buy AI firm OpenRouter

Stripe Inc. has finalized an agreement to acquire OpenRouter Inc., a startup that helps companies switch between artificial intelligence models, for more than $7 billion, according to people familiar with the matter. 

The deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions. It could also give Stripe, a payments processing firm, a stronger footing in the fast-growing artificial intelligence sector.

The final price for the acquisition could change. The discussions were described by people who spoke on condition of anonymity as the information is not public. 

A spokesperson for Stripe said the firm........

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