
Stripe nears $7B+ deal to buy AI gateway startup OpenRouter
The payments giant is paying more than 5x OpenRouter's May valuation to own the routing layer between apps and 400+ AI models.
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The payments giant is paying more than 5x OpenRouter's May valuation to own the routing layer between apps and 400+ AI models.

Sequoia led the round; the AI inference chip startup says it has booked $1B in orders and is running silicon in its lab.

Infrastructure spend hits $1.5T next year while Anthropic runs at $60B ARR and OpenAI at $20B — the payback math still doesn't close.

Lightspeed leads a Series A six months after a $10M seed, targeting corporate legal departments rather than law firms.

The Mercor co-founder says he's counted six rounds in six months where Sequoia split investments into two tranches at very different prices.

Parag Agrawal's agent-tooling startup raised a $100M Series B led by Sequoia, nearly tripling its valuation since November.
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