Ramp's AI Index shows the top 1% of businesses cut AI spending by 10% in August as token prices fell 41% and Anthropic overtook OpenAI in

Falling token costs, cheaper models, and less spend per employee—AI adoption isn't playing out the way hyperscalers hoped.

Ramp's AI Index shows the top 1% of businesses cut AI spending by 10% in August as token prices fell 41% and Anthropic overtook OpenAI in