Ramp data shows AI spending stalling just as Anthropic nears its IPO
AI usage continues to climb, but spending has stalled, and price cuts and smarter cost controls among major spenders may challenge investor assumptions about AI hypergrowth.
Key points
- •AI usage keeps climbing, but spending has stalled.
- •Price cuts and smarter cost controls are being implemented among the biggest spenders.
- •These trends could challenge investor assumptions about AI hypergrowth.