Stripe Targets $10 Billion OpenRouter Deal to Expand Into AI Infrastructure
TLDR
- Stripe is in talks to acquire OpenRouter for around $10 billion
- OpenRouter helps developers switch between AI models from providers like OpenAI and Anthropic
- The startup was valued at $1.3 billion as recently as May 2026
- Stripe is also separately pursuing a deal for PayPal, valued at roughly $53 billion
- Multiple big tech companies had been eyeing OpenRouter before Stripe emerged as front-runner
Stripe, the payments giant valued at $159 billion, is in talks to buy OpenRouter, a New York-based startup that lets developers access and switch between artificial intelligence models. The deal could value OpenRouter at around $10 billion, according to people familiar with the matter.
STRIPE WEIGHS $10B DEAL FOR OPENROUTER
Stripe is in talks to acquire OpenRouter in a deal that could value the AI-model marketplace at roughly $10 billion, according to The WSJ.
An agreement could be announced soon, although the talks may still fall apart or attract another… pic.twitter.com/s2Ecdvw6iz
— Wall St Engine (@wallstengine) July 23, 2026
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