New Ramp data reveals a divergence where AI usage continues to grow but corporate spending on AI has plateaued, driven by aggressive price cuts from cloud providers and tighter cost controls among enterprise adopters. The trend comes at a pivotal moment as Anthropic approaches its IPO, potentially challenging investor expectations of sustained AI hypergrowth.
Background
Ramp is a corporate expense management platform that tracks business spending patterns across thousands of companies. Anthropic, the AI company behind Claude, has been valued at over $50 billion and is reportedly preparing for a public offering.
- Source
- TechCrunch
- Published
- Nov 6, 2026 at 11:54 PM
- Score
- 6.0 / 10