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Top 1% of Firms Account for 80% of AI Spending on OpenAI and Anthropic

1 reports1 sources10/22/2026 updated

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AI overview

According to corporate card company Ramp, just 1% of firms account for 80% of spending on OpenAI and Anthropic. Ramp lead economist Ara Kharazian attributes the recent slowdown in growth mainly to falling prices for top models. Approximately 80% of these top-spending firms have venture capital backing, and with IPO windows closed or funding pressure mounting, spending contraction could impact model developers, cloud providers, and chip makers. AI adoption remains stagnant at 55.9%, and the concentration of AI spending among a small elite of firms remains extreme.

Written with AI from the reporting · updated 10/22/2026

Latest developmentOct 22, 12:28
1% of Firms Drive 80% of AI Spending on OpenAI and Anthropic, Growth Slows
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  1. 1Unclassified fact stationOct 22, 12:55single sourcereport-time only

    1% of firms drive 80% of AI spending on OpenAI and Anthropic

    Read original source ↗ BeInCryptoReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    corporate card company Ramp
    Action：
    reported spending concentration
    Object：
    AI spending on OpenAI and Anthropic
    Occurred (fact side)：
    not recorded
    BeInCrypto ↗Report pageOriginal / first version
    Published (valid side)：
    Oct 22, 12:28
    First seen (known side)：
    Oct 22, 12:55
    Fact stationSingle source · one-sided claimReport-time only

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Oct 22
  1. BeInCryptoRelated fact: single sourceFact occurrence time unverified
    1% of Firms Drive 80% of AI Spending on OpenAI and Anthropic, Growth Slows

    Report first recorded Oct 22, 12:55

    Ramp data shows that just 1% of firms drive 80% of AI spending on OpenAI and Anthropic, with growth nearly stalling for two months. Per-employee spending for this top 1% reached $9,568 in September, an 11.7% monthly increase but 3.1% below July's peak, which Ramp lead economist Ara Kharazian attributes mainly to falling top model prices. Roughly 80% of these top spenders are venture-backed, and a potential pullback in venture funding due to rate pressure or a shut IPO window could affect model makers, cloud providers, and chipmakers. Paid AI adoption reached 55.9% of Ramp businesses in September, though the bull case requires adoption to spread beyond tech to sectors like grocers and consumer companies.

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