The Ramp AI Index, tracking spending across more than 85,000 US companies, recorded a 1.65 percent month-over-month increase in AI expenditure for October. While the top one percent of companies by spending paid a median of $10,200 per employee monthly, a typical firm spent $16.32. Overall AI service adoption reached 56.8 percent.
Spending on OpenAI grew by 2.1 percent, while Anthropic saw a 0.5 percent increase. Anthropic currently holds a 44.8 percent adoption rate, compared to 40.6 percent for OpenAI. SpacexSI, supported by the coding tool Cursor, grew by 2.2 percent and maintains a 6.3 percent market share within the dataset.
Market dynamics show a 21 percent drop in the average price per million processed text tokens. Despite this, the share of spending on premium models like Opus, Fable, Sol, and Astra rose to 69.5 percent. Software development teams remain the primary users, accounting for 72 percent of all tracked AI spending.
The data indicates a shift in departmental usage, with customer support and success teams increasing their share of AI spending from 0.8 percent in June to 13.3 percent in October. Chief economist Ara Kharazian notes that one percent of companies generate 80 percent of the revenue for both OpenAI and Anthropic.
