[AINews] Stripe buys OpenRouter for $7B
Stripe is reportedly paying about 50x OpenRouter’s last annualized revenue figure.
Latent Space says the $7B acquisition looked nearly closed over the weekend, about 90 days after OpenRouter’s $1.3B Series B. The note highlights OpenRouter’s economics: roughly $140 million in annualized revenue, $40 million in annualized serving costs, and about $100 million in annualized gross profit. It also says usage had grown to 250 trillion tokens per month, up from 50 trillion in February. Latent Space's note
Latent Space says the $7B acquisition looked nearly closed over the weekend, about 90 days after OpenRouter’s $1.3B Series B. The note highlights OpenRouter’s economics: roughly $140 million in annualized revenue, $40 million in annualized serving costs, and about $100 million in annualized gross profit. It also says usage had grown to 250 trillion tokens per month, up from 50 trillion in February. Latent Space's note
score 10