Stripe is paying more than $7 billion for OpenRouter, a ~50-person startup that routes 400+ AI models and skims about 5% off every request. Here's why the payments giant just bought the AI tollbooth.
Erebor, Palmer Luckey's crypto-friendly startup bank, nearly quadrupled deposits to $4.05B in a quarter and is raising $1.5B at an $8B valuation. The SVB-shaped hole, filled fast.
Stripe never went public — now it and Advent International are bidding $53 billion ($60.50/share, a 28% premium) to take PayPal private. The real prize: Venmo.
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Feature Image: Photo by ThisisEngineering on Unsplash...
