Story Brief

Stripe confirmed on Wednesday that it was buying OpenRouter. While the company didn’t disclose the deal price, sources told the New York Times that it paid $7.5 billion. That’s a huge step up from OpenRouter’s $1.3 billion valuation in May . To put that price in context, the founders alone will reportedly receive $1.5 billion from the sale — more than the startup’s entire valuation just three months ago.

AI summaries can be wrong sometimes—always verify important details using the source article.