Browsing: Stripe

Payments giant Stripe highlights the rapid growth of AI startups in its annual letter, pointing to faster revenue milestones compared to SaaS companies and strong payment volume growth.

Stripe’s co-founders attribute the company’s impressive growth in 2024 to investments in AI and ML, as revealed in their annual letter. The company’s payment volume reached $1.4 trillion.

Stripe’s valuation has surged, exceeding $90 billion, driven by rising demand in the artificial intelligence sector.