Ara Kharazian(@arakharazian):AI spend September 14-20 versus September 7-13: Token spend: +19.6% WoW Token volume: +19.5% WoW Price per million tokens: +0.1% WoW Notably the decline in token spend we observed in august reversed last week, but token spend is still below its July peak.

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

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Ara Kharazian@arakharazian

2026.09.25 16:28

AI spend September 14-20 versus September 7-13: Token spend: +19.6% WoW Token volume: +19.5% WoW Price per million tokens: +0.1% WoW Notably the decline in token spend we observed in august reversed last week, but token spend is still below its July peak.