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Can someone smarter than me explain the business rationale for this deal? Why invest in an LLM API when you are a financial service provider? I can’t see any

Can someone smarter than me explain the business rationale for this deal? Why invest in an LLM API when you are a financial service provider? I can’t see any obvious reason to use Stripe more because of this new product. The only hypothesis I can think of is that AI token could be a ”currency” in the future. (Which doesn’t make sense when everyone will have local LLMs)

instalabsai 2mo ago
Because they want to charge for it: https://docs.stripe.com/billing/token-billing https://docs.stripe.com/billing/token-billing
- adithyassekhar 2mo ago
  Route your LLM requests through the Stripe AI Gateway with an API call. Provide your prompt, model, and Customer ID, and Stripe: 1.Routes the request to the appropriate provider (OpenAI, Anthropic, or Google). 2. Returns the model’s response to your application. 3. Records token usage for billing automatically. 4. Rejects requests when a customer has no credit left (when enabled for your account). Does that mean all api calls to providers go through stripe? Reading the justification for how much of a perfect partner stripe is for openrouter sounded made up, this makes it even better.
  - robertpohl 2mo ago
    Isn't this how all if them work already? OpenAI, Anthropic, Openrouter, etc use Stripe for their billing.
ATMLOTTOBEER 2mo ago
Quality and accuracy of information on the internet is going to shit: Models are already paying per search for gated access to higher accuracy info (this is abstracted by anthropic, chatgpt etc currently where they have cut deals w Google etc to allow their traffic through) Models don’t currently interact with the economy directly in a real way (by eg themselves deciding to pay for a high quality information source), but they will within a few months as folks get more claw-like agents Those transactions can happen with bitcoin…. or they can happen on stripe At least that’s my read
Zarkex01 2mo ago
I presume they use it a lot?
kilroy123 2mo ago
I'll give it a go. Stripe wants to take a cut of as many transactions as possible. Think Visa. The more, the better. They clearly see AI token usage as a new commodity and something that will grow and grow for a long time to come. They want to do the same. Take a small cut from as many tokens being passed around as possible.
PunchyHamster 2mo ago
They have predicted it will make money and a lot of people will use it, so they bought it.

instalabsai 2mo ago

Because they want to charge for it: https://docs.stripe.com/billing/token-billing https://docs.stripe.com/billing/token-billing

adithyassekhar 2mo ago
Route your LLM requests through the Stripe AI Gateway with an API call. Provide your prompt, model, and Customer ID, and Stripe: 1.Routes the request to the appropriate provider (OpenAI, Anthropic, or Google). 2. Returns the model’s response to your application. 3. Records token usage for billing automatically. 4. Rejects requests when a customer has no credit left (when enabled for your account). Does that mean all api calls to providers go through stripe? Reading the justification for how much of a perfect partner stripe is for openrouter sounded made up, this makes it even better.
- robertpohl 2mo ago
  Isn't this how all if them work already? OpenAI, Anthropic, Openrouter, etc use Stripe for their billing.

ATMLOTTOBEER 2mo ago

Quality and accuracy of information on the internet is going to shit: Models are already paying per search for gated access to higher accuracy info (this is abstracted by anthropic, chatgpt etc currently where they have cut deals w Google etc to allow their traffic through) Models don’t currently interact with the economy directly in a real way (by eg themselves deciding to pay for a high quality information source), but they will within a few months as folks get more claw-like agents Those transactions can happen with bitcoin…. or they can happen on stripe At least that’s my read

Zarkex01 2mo ago

I presume they use it a lot?

kilroy123 2mo ago

I'll give it a go. Stripe wants to take a cut of as many transactions as possible. Think Visa. The more, the better. They clearly see AI token usage as a new commodity and something that will grow and grow for a long time to come. They want to do the same. Take a small cut from as many tokens being passed around as possible.

PunchyHamster 2mo ago

They have predicted it will make money and a lot of people will use it, so they bought it.