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Tuesday, October 20, 2026

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

The adoption of AI tools by businesses slowed in August, according to spending data at 70,000 companies collected by the payments company Ramp. The latest survey shows 56% of Ramp customers paid for AI products in August, rising just 0.4% from the month before. This isn’t the first time Ramp’s …

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