PLATFORMS Signal 39
AI spend per employee at top firms fell nearly 10% in August as token costs declined
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Ramp data from 70,000 companies shows AI spend per employee at the top 1% of firms dropped nearly 10% to $7,205 in August, while average token costs fell to $0.68 per million tokens from a March peak of $1.15.
Declining per-employee spend at the heaviest users suggests price cuts by OpenAI and Anthropic haven't been offset by volume growth, raising questions about revenue trajectories for hyperscalers investing heavily in AI infrastructure. For companies consuming AI, cheaper tokens and models are reducing costs.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
AI spend per employee at the top 1% of firms fell nearly 10% to $7,205 in August, with overall adoption growing just 0.4% month-over-month
Average token costs dropped to $0.68 per million tokens from $1.15 in March, driven by price competition between OpenAI and Anthropic
Customers are choosing older, cheaper models like OpenAI's ChatGPT 5.6-Terra and Anthropic's Sonnet over more powerful frontier releases
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