AI Spending Stalls as OpenAI and Anthropic Near IPO
Original title: Ramp data shows AI spending stalling just as Anthropic nears its IPO
Token spend grew only 1.5% in late summer as OpenAI and Anthropic cut prices ahead of IPO.
Ramp data shows AI spending flatlined over August and September despite rising token volumes. OpenAI halved prices for GPT-6 models and Anthropic made significant cuts that slashed revenue growth by $600 million. Open models and tools like Jev are also competing. The slowdown could affect hypergrowth expectations for the companies.
- Token spend grew 1.5% across August and September
- OpenAI cut API prices in half for GPT-6 Sol and Luna
- Anthropic pricing changes slashed revenue growth by $600 million
- Top 1% of firms saw slight spend stutter
- Median firms spend $12-$15 per employee per month
From the original article
5 min read at techcrunch.com
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.
By Rebecca Bellan · techcrunch.com
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