Stripe has finalized an agreement to acquire AI gateway startup OpenRouter for more than $7 billion according to Bloomberg. The deal values the company far above its $1.3 billion valuation from a May funding round and brings a platform with 8 million users and access to over 400 models into Stripe's portfolio.

Clarified Stripe–OpenRouter as a finalized agreement still pending close, not a completed closing.
The acquisition price represents a sharp increase from OpenRouter's prior valuation.
The deal marks Stripe's entry into the AI infrastructure space through the acquisition.
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