Stripe’s OpenRouter Bid 70 Times Company’s Annual Revenue
AI Summary
Last week saw reports that Stripe is considering buying artificial intelligence startup OpenRouter for $10 billion. If the deal goes through at that amount, Stripe would be paying roughly 70 times OpenRouter’s annualized revenue, The Information reported Wednesday (July 29), citing an unnamed source. OpenRouter is generating roughly $140 million in annualized revenue, a three-fold increase since April, the report said.
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