US Corporate AI Spending Hits October High as Growth Slows to 1.65 Percent
Start here
US corporate AI spending reached a new high in October 2026, rising 1.65 percent month over month, according to The Ramp AI Index. Growth slowed even as spending climbed, and the gap between heavy and typical users remained wide: the top 1 percent of companies by AI spending paid a median of $10,200 per employee per month, up 9 percent, while a typical company spent $16.32. OpenAI's business customer spending grew 2.1 percent, compared with 0.5 percent for Anthropic. The average price per million processed text tokens fell 21 percent.
Generated from reports · updated 23 h ago
Report timeline
Follow the reports to see the event from different sides.
- The DecoderUS corporate AI spending hits new high in October, but growth slows to 1.65 percent
The Ramp AI Index shows US corporate AI spending reached a new high in October 2026, rising 1.65 percent month over month. The top 1 percent of companies by AI spending paid a median of $10,200 per employee per month, up nine percent, while a typical company spent just $16.32. OpenAI's business customer spending grew 2.1 percent versus 0.5 percent for Anthropic, and the average price per million processed text tokens fell 21 percent.
Heat for this event
Not enough continuous observations yet to draw a trend.