Stripe

Biography

Stripe is a payments technology company that provides programmable infrastructure for accepting and moving money online. Founded by Patrick and John Collison, it built its business on developer-facing APIs that let a company add card payments, subscriptions, marketplace payouts, invoicing and tax handling without assembling bank relationships itself. It is one of the most highly valued private technology companies and processes payments for a large share of internet businesses, from early-stage startups to established retailers. Its relevance to AI has grown as usage-based billing became the default way to sell access to language models, and as agents began making purchases on a user's behalf, which raises authorization and settlement questions that payment infrastructure has to answer. For readers, Stripe offers a rare view of how much money is actually flowing through AI products. Our coverage has followed its reported multibillion-dollar acquisition of OpenRouter, a deal that put a price on the model-routing layer and read as a bet on AI spending volume rather than on any single model.

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