
Stripe investor letter says singularity began Jan. 1, 2026; first-half revenue rose 41%. Company also acquiring AI marketplace OpenRouter.
Stripe has a new date for the singularity: Jan. 1, 2026.
Executives at the payments company told investors Wednesday in an annual letter that they have been operating on that assumption since the start of the year. First-half revenue rose 41% year-over-year, the letter said.
"The singularity appears to be accelerating our core business," CEO Patrick Collison, president John Collison, and president of technology and business William Gaybrick wrote. The letter was obtained by Axios.
The letter defines the singularity broadly as a large inflection in long-run trends – a surge in new firm creation, for example – not a singular moment of AI surpassing human intelligence. "We decided that we ought to take the phase change seriously," the executives said.
Stripe joins a small group of tech leaders who have publicly declared the singularity is here. OpenAI CEO Sam Altman said in July that it had arrived. Tesla CEO Elon Musk made a similar claim on X in January. Several AI researchers have disagreed with that framing, Business Insider reported earlier.
The investor letter laid out two goals for the company as AI reshapes the economy: speed adoption across industries and give people more control over their economic lives. The executives called Stripe's private status "a growing advantage" as the world becomes harder to predict. "Deft helmsmanship will be required of every company," they wrote. "We're fortunate to have a corporate structure that helps us steer the right long-term course."
Separately, Stripe said Wednesday it is acquiring OpenRouter, a marketplace that lets developers access AI models from multiple providers. The singularity was not mentioned in the public statement about the deal.
Stripe declined to comment when contacted by Business Insider.
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