The Top 1% of AI Spenders Stalled in Q3. So Did Anthropic’s Dollar Growth.

Ramp’s latest AI Index and Anthropic’s amended S-1 filing reveal that dollar growth among the heaviest AI spenders stalled in the third quarter following a peak in July. The top 1% of firms, which drive the vast majority of spending on major AI labs, reduced per-employee spending due to falling model prices and flat workloads, while adoption among smaller businesses continued to spread gradually. Open article →