STRIPE CLINCHES OVER $7 BILLION DEAL TO BUY AI FIRM OPENROUTER

Summary from the TLDR newsletter

Stripe has finalized an agreement to acquire OpenRouter, a startup that helps companies switch between AI models. The sale price of more than $7 billion could change and the discussions are not public. OpenRouter's rise highlights the industry's growing scrutiny on AI costs. The acquisition will give Stripe a stronger footing in the fast-growing AI sector.