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Stripe declares we're living in the singularity and uses it as a reason not to IPO

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Stripe declares we're living in the singularity and uses it as a reason not to IPO

The Decoder · Aug 19, 2026, 8:03 PM UTC

In a letter to investors, Stripe declares January 1 the "beginning of the singularity" and uses that as a reason to stay private. Not that it needs one: revenue grew 41 percent in the first half of the year, and the company confirmed its $8 billion-plus acquisition of OpenRouter. Declaring the singularity is in vogue right now.…