Ramp Data Shows AI Spending Stalling as Anthropic Nears IPO

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Corporate AI usage continues to rise, according to data from Ramp, but the amount companies are spending on it has leveled off. Falling prices and tighter cost controls among the largest AI buyers are contributing to the slowdown. The trend could complicate investor expectations of rapid, hypergrowth-style gains in the AI sector. The findings arrive as Anthropic reportedly approaches an initial public offering.

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