BusinessStripe Bets Eight Billion Dollars on AI Infrastructure With OpenRouter Acquisition
Stripe finalized its acquisition of OpenRouter in a deal worth more than billion, positioning the payments giant as the financial infrastructure for the AI economy and revealing where the real money gets made in artificial intelligence.
FinanceGold Struggles at ,186 as Treasury Yields and Fed Rate Hike Bets Undermine Seven-Week Rally
Gold traded at ,186.80 per ounce Wednesday morning, up modestly but still trapped in a seven-week downtrend as surging Treasury yields and Federal Reserve rate hike expectations undermine the traditional haven asset.