Stripe in talks to acquire OpenRouter in potential $10B deal, WSJ reports

nnlpnerd about 2 hours ago 3 commentsRead Article on finance.yahoo.com

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Discussion (3 Comments)Read Original on HackerNews

nlpnerd•about 2 hours ago

Like what's the angle here, and what's the outlook for LLM routers like Openrouter to justify a 10B valuation?

Somebody enlighten me.

andsoitis•about 2 hours ago

OpenRouter is a marketplace (“OpenRouter, a fast-growing marketplace that enables developers to route traffic across various artificial intelligence models”).

Market places mean payments. Stripe does payments.

nlpnerd•about 2 hours ago

That's a good point actually. I just recalled that Openrouter charges a premium of 5.5% on transactions. That's probably comparable or fat relative to the cut for payments processors like Stripe.