Stripe confirms OpenRouter acquisition, terms undisclosed

Stripe confirmed the acquisition of AI model gateway OpenRouter, with terms undisclosed though reports suggest a value over $7B. The deal aims to expand Stripe beyond payments into AI infrastructure, allowing it to orchestrate multi-model intelligence for developers. OpenRouter CEO Alex Atallah stated the move accelerates their mission to bring the full AI ecosystem to businesses. This follows recent news of Stripe pursuing PayPal and expanding currency conversion services.