Bloomberg reported that payment giant Stripe has finalized the acquisition of AI infrastructure startup OpenRouter for more than $7 billion, approximately 47.3 billion yuan. This platform, which helps users select AI models on demand, is about to become a new member of the leading player's ecosystem in the payments industry.
From "Stripe of the AI world" to being acquired by Stripe
OpenRouter's core capability is matching different models based on specific needs and budgets, selecting the most suitable one for various tasks. CEO Alex Atallah once compared the company to "Stripe of the AI world," as it provides a unified access point, allowing users to freely call different models while avoiding being locked into a single vendor.
In May this year, OpenRouter completed a $113 million Series B funding round, with an estimated valuation of $1.3 billion. The investor lineup includes Sequoia Capital, a16z, Menlo Ventures, and CapitalG, part of Alphabet. The company claims its global user base has reached 8 million, with access to over 400 AI models, showing strong growth momentum.
5x Premium, a Major Acquisition in AI Infrastructure
Last month, the Wall Street Journal reported that talks between the two parties had begun, and now Bloomberg has further confirmed that the deal has been finalized. If completed, Stripe's offer will be more than five times the valuation of OpenRouter's previous funding round, representing a significant premium.
This acquisition will also rank among the largest transactions in the AI infrastructure sector in recent years. For Stripe, acquiring this model aggregation entry point means that the payment giant is extending its reach to the "traffic hub" of large model calls, securing a key position in the commercialization of AI.
