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AI spend per employee slumped at top firms in August — summer doldrums or a warning sign?

Spending data from payments firm Ramp shows a slowdown in business AI adoption in August: 56% of Ramp customers paid for AI products, a 0.4 percentage-point rise from July, while AI spend per employee among the top 1% of firms fell nearly 10% to $7,205. Ramp and other indicators suggest lower token prices and wider use of older, cheaper models are reducing per-user spending even as overall usage remains concentrated among tech-heavy customers.

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