Ramp launches its own AI model router, called Router
Ramp has launched its own AI model routing service, dubbed Router, that lets users and companies use and switch between various large language models via an API.
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Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B
The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.
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Anthropic now has more business customers than OpenAI, according to Ramp data
A survey compiled from fintech firm Ramp’s clients’ expense data shows 34.4% of participating businesses are paying for Anthropic services, more than any other AI lab, while only 32.3% pay for OpenAI.
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Ramp raises $750M at $44B valuation as investors hunger for fintechs with an AI story
Ramp has nearly tripled its valuation over the past year as investors scramble to grab a part of the fast-growing startup.
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‘AI-pilled’ firms spend $7,500 per employee each month on AI
The most AI-obsessed firms are spending roughly $7,500 monthly per employee on AI, per Ramp AI Index. That’s not more than an engineer’s salary — yet.
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AI | Enterprise | Fintech | Startups | TC
Anthropic’s latest feud with the Trump admin may actually help it, sales data suggests
Anthropic’s popularity with business users is growing so well that the latest beef with the government might actually boost it, data from Ramp suggests.
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Rippling now wants to be your entire data stack
“There were employees doing things like, ‘Claude is so helpful for me — it analyzes my calendar and my email and puts together a plan for me,’” he says. “That person was spending at a run rate of $30,000 a year for this.”
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The AI jobs debate just got messier
A new report finds “high-intensity AI adopters” saw headcount increase 10.2%. Among those companies, entry-level headcount rose by 12%, countering the rhetoric that AI kills junior jobs.
