Ramp Index Shows US Corporate AI Spending Growth Slowing to 1.65% in October
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According to the latest data from the Ramp AI Index, US corporate AI spending grew 1.65% month-over-month in October 2026, reaching a record high. The data is based on spending statistics from more than 85,000 Ramp customer businesses. However, the report also notes that the index has sample bias: Ramp's customers skew toward tech and growth-stage companies, so the index may overstate the overall AI adoption rate of US businesses. Currently this is the only report on the event, with no follow-up updates or comparisons from other data sources.
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- The DecoderUS corporate AI spending hits a new high in October, but growth slows to 1.65 percent
The Ramp AI Index shows US corporate AI spending grew 1.65% month over month in October 2026, a new high, based on data from more than 85,000 Ramp customer companies. However, these customers skew toward tech and growth companies, so AI adoption may be overestimated.
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