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Stripe confirmed its acquisition of OpenRouter in a deal that sources told The New York Times is worth $7.5 billion. The details suggest that the goal is not limited to gaining access to a platform for routing requests among AI models, but extends to understanding spending on tokens and influencing capital flows within the AI economy.
Enterprise expense management platform Ramp raised $750 million in new funding, lifting its valuation to $44 billion, as the company expands its services to include payments, procurement, accounting, and management of artificial intelligence usage costs.