AI spending by businesses grew just 1.5% in August and September

AI spending by Ramp's business customers grew 1.5% across August and September, after a 42% jump in July, TechCrunch reported November 6. Tokens, chunks of text AI models read and charge for, rose in volume over the same period. OpenAI cut its prices for developers by half in September. AI spending then rose 8.9% from September 23 to October 23.