Kong has acquired OpenMeter, a leader in real-time usage metering and billing, to integrate its capabilities into Kong Konnect, enhancing usage-based pricing, entitlements, and invoicing for APIs, events, and AI workloads. This acquisition marks a significant milestone for Kong, enabling their customers to better monetize digital products and understand operational costs in the agentic AI era. OpenMeter offers a developer-friendly solution for real-time usage data, billing infrastructure, and feature access management, which is essential for moving beyond traditional subscription models. The integration with Kong Konnect will provide robust billing insights for AI deployments and offer a powerful usage-based billing system, positioning Kong as a unified platform for managing APIs, events, and AI services. Existing OpenMeter Cloud customers will continue to use the product as usual, and the project remains open-source under an Apache 2.0 license. Kong plans to invest more in OpenMeter's team and technology, with upcoming integrations into Kong Konnect and further announcements expected at the API Summit in October.