Stripe's $10B bid for OpenRouter; Google stock falls despite earnings beat; Revolut hits $115B
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Stripe's $10B bid for OpenRouter; Google stock falls despite earnings beat; Revolut hits $115B
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Stripe is reportedly bidding $10B for OpenRouter, 8x its valuation from two months ago. Alphabet beat Q2 estimates across the board and the stock still fell. And Revolut just hit a $115B valuation in a secondary sale, worth more than Barclays. Otabek and Sam break down what's actually driving these moves.
In this episode:
Stripe's reported $10B bid for OpenRouter, and what it says about the AI billing land grab
Alphabet's Q2 earnings beat, and why the stock fell anyway on the back of a raised capex outlook
Revolut's $115B valuation and what it means for the IPO timeline
Wise's US banking application rejected by the OCC, and its Genius Act plan B
Nvidia's Jensen Huang breaks his social media silence over open-weight AI models
The Clarity Act's stalled path through Congress