Stripe Inc. has agreed to acquire Open Router Inc., an artificial intelligence startup that helps developers access and switch between AI models, according to a statement from the companies. No financial terms were disclosed.
"Tokens are the central currency for companies building with AI, and it's clear that the real-world economic potential will depend on making good use of scarce compute resources," Patrick Collison, co-founder and CEO of Stripe, said in a statement Wednesday.
"Stripe is building the economic infrastructure for AI, and together with Open Router we'll help businesses maximize profitability by routing their requests intelligently and spending their tokens efficiently."
The acquisition underscores growing momentum in the AI infrastructure space, as major technology companies seek to optimize how businesses deploy and manage AI workloads. OpenRouter's platform enables developers to dynamically route AI model requests based on performance and cost, aligning with Stripe's broader push into AI-related payment and compute management solutions.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing