Stripe to purchase AI startup OpenRouter for more than $7 billion: Report
Stripe has wrapped up a deal to purchase OpenRouter, an artificial intelligence startup that assists businesses in transitioning between different AI models, for more than $7 billion, according to a Mint report citing Bloomberg. This acquisition follows closely on the heels of a funding round that valued OpenRouter at $1.3 billion. The startup assists companies in identifying budget-friendly AI options and offers backup access to other models in case their main system goes down.