Ramp data shows AI spending stalling just as Anthropic nears its IPO
THE SO WHAT
Ramp seeing AI usage climb while spend stalls—driven by price cuts and tighter cost controls—suggests the first wave of ‘blank check’ AI budgets is over. If you sell AI, expect harder ROI scrutiny and multi-vendor optimization; if you buy, this is the moment to renegotiate and right-size commitments.
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