Stripe clinches over $7 billion deal to buy AI firm OpenRouter
Source: https://economictimes.indiatimes.com/tech/technology/stripe-clinches-over-7-billion-deal-to-buy-ai-firm-openrouter/articleshow/133285357.cms
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…
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… [+2321 chars]