Stripe Buys AI Model Switcher for $7B | Business and Finance News

Stripe just dropped over $7 billion to acquire OpenRouter, the AI model switching platform that lets developers effortlessly swap between 400+ AI models—serving 8 million devs. Just months after its $1.3B funding round, this deal marks a massive leap for a company founded in 2023, with rumors of a $10B tagline falling short. OpenRouter’s CEO, ex-OpenSea co-founder Alex Atallah, sees his startup as Stripe’s AI equivalent—building the foundational layer developers need as AI costs soar and cheaper alternatives emerge. This acquisition signals Stripe’s bold push into AI infrastructure, helping businesses tame the wild, expensive world of artificial intelligence. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d5594f4959f4b674