
The Arena
Stripe closes $7B+ deal for AI gateway OpenRouter
Payments giant Stripe has finalized a deal to buy OpenRouter, the startup that lets developers route queries across hundreds of AI models instead of locking into one provider. It is the clearest sign yet that the plumbing layer between developers and models has become a prize worth billions. Stripe has finalized an agreement to acquire OpenRouter for more than $7 billion, Bloomberg reports, pricing the AI gateway at roughly five times the $1.3 billion valuation it carried when it raised a $113…








