Ara Kharazian(@arakharazian):NEW: AI Spend FALLS in the latest Ramp AI Index. Price cuts at the frontier, in addition to cheaper and more efficient models at standard and lite levels, are pushing down the cost of using AI. Open source models remain <5% of business spend. This decline in spend is driven almost exclusively by competition between OpenAI + Anthropic.

Ara Kharazian

@arakharazian

Lead Economist @tryramp. I write and publish data on AI, business spend, and the economy at cc: press@ramp.com. Prev economist @square

Joined August 2018

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Ara Kharazian@arakharazian

2026.10.01 19:24

NEW: AI Spend FALLS in the latest Ramp AI Index. Price cuts at the frontier, in addition to cheaper and more efficient models at standard and lite levels, are pushing down the cost of using AI. Open source models remain <5% of business spend. This decline in spend is driven almost exclusively by competition between OpenAI + Anthropic.