Stripe 70 亿美元收购 OpenRouter，AI 路由层价值重估

AI 摘要

支付公司 Stripe 以 70 亿美元收购 AI 模型路由平台 OpenRouter，交易在 90 天前其 13 亿美元 B 轮融资后完成。OpenRouter 年化收入 1.4 亿美元，毛利率约 70%，月处理 250 万亿 token，拥有 800 万开发者。该交易凸显模型聚合层的价值，但也引发对中间层利润压缩的担忧。

正文节选

[AINews] Stripe buys OpenRouter for $7B No GPUs, no Agents, just really, really, really good infra and distribution. TheInformation had the scoop last month, but OpenRouter’s acquisition by Stripe for $7B was seems all but closed this weekend, 90 days after their $1.3B Series B. Their last revenue number out there was $140m annualized, so this represents a “standard” 50x multiple for a top tier AI company. What’s incredible is the profitability: Although much smaller than Cursor, OpenRouter like

发布时间：2026-08-18 07:13

抓取时间：2026-08-18 07:23

来源机构：swyx and Latent Space