Tag: fintech
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Stripe Bought a Toll Road, Not a Software Company
Stripe’s $7 billion acquisition of OpenRouter is not a software bet — it is a fee-structure arbitrage. By swapping its 2.9% payments take rate for OpenRouter’s 5.5% AI compute routing fee, Stripe moved to a structurally superior tollbooth on a faster-growing road. The deal clarifies where durable value is concentrating in the AI cycle: not… Read more
