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Stripe Buys AI Startup OpenRouter For $7.5 Billion

1 week 1 day ago
Stripe is acquiring AI model marketplace OpenRouter as it pushes beyond payments into the infrastructure behind AI applications. According to The New York Times, the deal is reportedly valued at about $7.5 billion, with $1.5 billion allocated to OpenRouter's founders. Less than three months ago the company was valued at about $1.3 billion. CNBC reports: OpenRouter has become popular with developers seeking to use AI models, particularly those considered non-proprietary and available for free. Many of these so-called open-weight AI models stem from Chinese labs like DeepSeek and Z.ai, which have gained steam among developers for generally being more cost-efficient relative to proprietary AI models from U.S. companies like OpenAI and Anthropic. In a blog post about the deal, Stripe noted that it's been working with companies to "optimize their token costs and route tokens efficiently," referring to a kind of metric used to measure AI model usage. Stripe said it's difficult to manage AI costs relative to performance because of the rapid "pace at which models are released and repriced." [...] OpenRouter said in a blog post that combining with Stripe will help with its overall vision of "a healthy AI ecosystem where many models thrive, where AI neurodiversity is a strength, where a lab or an inference provider with a breakthrough can reach millions of developers, and where no single model becomes the default by inertia." "Stripe is building the economic infrastructure for AI, and together with OpenRouter we'll help businesses maximize profitability by routing their requests intelligently and spending their tokens efficiently," Stripe CEO Patrick Collison said in a statement.

Read more of this story at Slashdot.

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Amazon's Drones Will Soon Deliver to Nearly 500 US Cities and Towns

1 week 1 day ago
Amazon says its Prime Air drone delivery service will expand sixfold to nearly 500 U.S. cities and towns by the end of 2026, including metro areas around Chicago, Syracuse, Cleveland, Atlanta, and Boise. According to Amazon Prime Air vice president David Carbon, the service has already delivered "hundreds of thousands of packages to customers" this year, typically within about an hour. The Verge reports: These will join 11 locations across the US where Amazon already offers drone deliveries, with each Prime Air site serving an area of approximately 175 square miles. The service aims to quickly deliver packages of up to 5 pounds or less [...]. Amazon reiterated its drone safety features alongside these expansion plans, including Prime Air's "industry-leading Detect-and-Avoid system." That's likely an attempt to minimize any concerns raised by the communities where the service is expanding, given these drones have already been scrutinized for crashing into cranes, internet cables, gardens, and an apartment building.

Read more of this story at Slashdot.

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