Stripe in talks to buy OpenRouter for about $10B

julien_c 24 points 9 comments July 23, 2026

Discussion Highlights (5 comments)

otterley

Assuming this is true: But why? And how is this valuation justified?

IronWolve

I've used openrouter, they work well, it was easy to use. Swipe wants to be used for agent payments, seems like a good match for them.

woeirua

I don’t get it. There’s no moat here. OpenRouter isn’t hard to rebuild.

moojacob

Makes a lot of sense. If Stripe owned openrouter, they could ditch the 5% fee on top of tokens and make money from Stripes credit card fees.

ChrisArchitect

[dupe] https://news.ycombinator.com/item?id=49027985