Stripe just dropped $7.5 billion to buy OpenRouter — a massive leap from its $1.3 billion valuation just three months ago. The founders pocket $1.5 billion, more than the company was worth earlier this year. While it seems odd for a payments giant to buy an AI model switching platform, Stripe’s move makes sense: 88% of top AI companies and 100% of Brex’s fastest-growing startups use Stripe. OpenRouter helps developers seamlessly switch AI models — a tool Stripe can now leverage internally to accelerate AI product launches. This isn’t about building AI models — it’s about capturing and managing the AI economy’s exploding spending. With rivals like Databricks and Ramp also eyeing AI finance, Stripe is positioning itself as the central hub for AI’s next wave of growth.
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