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Ramp data shows AI spending stalling as Anthropic nears its IPO

AIRamp reports that AI token spend grew only 1.5% across August and September, even as token volumes rose. Ramp's lead economist Ara Kharazian attributes the slowdown to price competition, including OpenAI's API price cuts and Anthropic's reductions, and to savvier enterprise spending.
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TechCrunch · AI · Rebecca Bellan · techcrunch.comPublished · added here

Original title: Ramp data shows AI spending stalling just as Anthropic nears its IPO