OpenRouter may command about US$10 billion in a sale as Stripe considers acquiring the AI platform.
The companies are discussing a potential deal, according to people familiar with the matter cited by The Wall Street Journal.
Several technology companies have also examined OpenRouter as an acquisition target, while Stripe’s talks may not result in an agreement.
OpenRouter gives developers access to AI models from multiple providers through one platform.
Its catalogue spans more than 400 models supplied by over 70 providers, covering both proprietary and open-weight systems.
The companies already have a commercial relationship because Stripe handles payments for OpenRouter.
Founded in 2023, OpenRouter raised US$113 million in a Series B round led by CapitalG in May 2026.
The startup was valued at about US$1.3 billion that month, based on PitchBook data cited by the WSJ.
The purchase would add an AI-model routing business to Stripe’s broader expansion into AI and stablecoin infrastructure.
Stripe was valued at US$159 billion through an employee tender offer announced in February 2026.
Featured image: Edited by Fintech News Singapore, based on image by mrsiraphol via Magnific