BlockBeats News, July 24th, according to Bloomberg, Stripe is in talks to acquire OpenRouter. OpenRouter is a popular startup dedicated to helping developers choose between various artificial intelligence models.
Sources say the deal could be announced soon, but there is also the possibility of negotiations falling through or other bidders emerging. The specific negotiation price is currently unclear, but there are reports that the company's sale valuation could be around $10 billion. Sources added that several large tech companies have previously expressed interest in acquiring OpenRouter.
Founded in 2023, OpenRouter’s software allows customers to easily access AI models developed by OpenAI and Anthropic, as well as "open-weight" models that anyone can download and run for free. Acquiring OpenRouter will enable Stripe to capitalize on a popular growth area in the AI market.
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