Stripe buys OpenRouter, Ramp’s AI Index & IBM’s OpenAI deal episode artwork

EPISODE · Aug 21, 2026 · 35 MIN

Stripe buys OpenRouter, Ramp’s AI Index & IBM’s OpenAI deal

from Mixture of Experts · host IBM

Visit Mixture of Experts podcast page to get more AI content → https://www.ibm.com/think/podcasts/mixture-of-experts This week on Mixture of Experts, we talk partnerships, purchases, and predictions surrounding the AI industry's financial infrastructure. But first our panelists dive into IBM's newly announced collaboration with OpenAI, under which IBM Consulting will train and certify consultants on OpenAI's tools to bolster the company’s push toward enterprise deployments. Then we turn to Stripe's massive acquisition of AI gateway startup OpenRouter, a platform that routes token traffic across more models and providers. We unpack why Stripe sees token routing as the next frontier of "profitability infrastructure" and what it means for a payments company to become a broker of AI compute decisions. Finally, we take a peek at Ramp's August AI Index, which sketches a market where open-source models are growing in popularity, AI infrastructure is consolidating, and businesses discern what they're willing to pay for. 00:00 - Introduction 1:01 - IBM OpenAI partnership 11:46 - Stripe acquires OpenRouter 22:39 - Ramp’s August AI Index 33:15 - AI drafting legislation All that and more on this week’s Mixture of Experts. "The opinions expressed in this podcast are solely those of the participants and do not necessarily reflect the views of IBM or any other organization or entity. AI tools may be used to transcribe this episode and support selected stages of the production process. All AI-assisted content is reviewed by the production team before publication."

Episode metadata supplied by the publisher feed · Published Aug 21, 2026

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Visit Mixture of Experts podcast page to get more AI content → https://www.ibm.com/think/podcasts/mixture-of-experts This week on Mixture of Experts, we talk partnerships, purchases, and predictions surrounding the AI industry's financial infrastructure. But first our panelists dive into IBM's newly announced collaboration with OpenAI, under which IBM Consulting will train and certify consultants on OpenAI's tools to bolster the company’s push toward enterprise deployments. Then we turn to...

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Stripe buys OpenRouter, Ramp’s AI Index & IBM’s OpenAI deal

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