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Stripe’s “Singularity” and the Divergence from Adyen

mbi-deepdives.com · 1,472 words · saved by 1 readers

Last week, Stripe announced their acquisition of OpenRouter, the AI model gateway and routing platform. Ben Thompson had an interesting take on Stripe’s OpenRouter deal, so I won’t repeat the potential strategic reasons to pursue such an acquisition. I do want to focus a bit more on the

Last week, Stripe announced their acquisition of OpenRouter, the AI model gateway and routing platform. Ben Thompson had an interesting take on Stripe’s OpenRouter deal, so I won’t repeat the potential strategic reasons to pursue such an acquisition. I do want to focus a bit more on the letter Stripe wrote to its investors. Thanks to being the payment partner of choice for much of Silicon Valley, Collison brothers are almost always in the tech zeitgeist and hence, the way they speak or write very much assumes a tech forward audience. But perhaps most people still raised their eyebrows when…

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