Tech article
Ramp data shows AI spending stalling just as Anthropic nears its IPO
Publisher description: AI usage keeps climbing, but spending has stalled. Price cuts and smarter cost controls among the biggest spenders could challenge investor assumptions about AI hypergrowth.
TechCrunch | Nov 6, 2026 | Rebecca Bellan
Automated excerpt
Companies are using more AI than ever, but they’re not spending more on it. According to Ramp’s data, token spend only grew 1.5% across August and September. Khazarian says Ramp’s dataset likely informs many investor concerns.
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