★ Top story · IndustryAug 16
Stripe Clinches Over $7 Billion Deal to Buy AI Firm OpenRouter
Stripe has agreed to acquire the artificial intelligence startup OpenRouter for over $7 billion. By purchasing the platform, which provides an interface for developers to switch between various AI models, Stripe aims to integrate versatile generative AI infrastructure into its existing financial services. This acquisition marks a significant expansion for the payment processor into the growing market for AI software development tools.