Stripe is reportedly eyeing a $10 billion buyout of OpenRouter, the AI model switchboard that lets businesses toggle between different AI services while managing costs — a move that mirrors Stripe’s own payment routing model. As AI “tokens” evolve into a new digital currency, companies like Ramp are racing to build similar tools, with Stripe betting big on real-time token streams as the future of AI infrastructure. OpenRouter’s soaring valuation and growing interest signal that middlemen managing this AI economy could be the real winners.

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