Reading up on Patrick Collison
3 deep · digging since jan 29
- Why a Payments Giant Is Paying $7 Billion for the ‘Stripe of AI’ - WSJ
Stripe agreed to acquire AI model‑routing startup OpenRouter for over $7 billion to help developers optimize token usage across multiple AI providers.
- Stripe valued at $159B, 2025 annual letter
Stripe's $159B valuation comes from $1.9 trillion in processed volume (34% YoY growth) and a $1B Revenue suite run rate, powering 90% of the Dow and 80% of the Nasdaq 100.