Stripe Clinches Over $7 Billion Deal to Buy AI Firm OpenRouter

Paige Smith, Yazhou Sun, Natasha Mascarenhas ·

1 min read Original article ↗

Aug. 16, 2026, 8:08 PM UTC

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 ...

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