Businesses are using more AI and paying less for it, Ramp AI Index shows
US companies are using more AI while spending less, as OpenAI and Anthropic price cuts drive API costs down.
Ramp economist Ara Kharazian’s Ramp AI Index finds US companies spending less on AI even as usage climbs. Spending peaked in July and the decline has lasted longer than earlier dips, while usage rose about 50 percent to a record at the end of September. In the last week of September, Anthropic took 51 percent of token spending and OpenAI 44.5 percent; open-source models stayed under 5 percent. The index uses transactions from more than 70,000 US companies, covers API spend skewed toward large customers, and attributes the drop almost entirely to OpenAI–Anthropic competition and cheaper models.
- API spending fell after a July peak while usage rose about 50 percent.
- Anthropic held 51 percent of late-September token spend; OpenAI 44.5 percent.
- Open-source models accounted for less than five percent of business spending.
- Index covers API transactions from more than 70,000 US companies.
- Countries
- United States
From the original article
1 min read at the-decoder.com
US companies are spending less on AI, according to the latest Ramp AI Index from Ramp economist Ara Kharazian. The article Businesses are using more AI and paying less for it, Ramp AI Index shows appeared first on The Decoder.
By Maximilian Schreiner · the-decoder.com
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