Stripe Acquires OpenRouter for Over $8 Billion, Delays IPO Plans

Stripe informed investors that it intends to remain private, viewing the current period as a significant inflection point for long-term growth. The company reported a 41% year-over-year revenue increase and confirmed the acquisition of AI routing platform OpenRouter for over $8 billion, primarily in stock. Stripe noted that 88% of Forbes AI 50 companies, including OpenAI and Anthropic, build on its platform, with revenue from AI and crypto sectors more than doublin