Ramp: Record 8% of firms switched top AI model provider in September
annbordetsky · x · 2026-10-07
- Data from payments company Ramp shows the monthly share of businesses switching their top model provider hit a record nearly 8% in September (three-month moving average), last seen when Anthropic launched Opus 4 / Sonnet 4 in May 2025.
- Drivers: rapid model releases and OpenAI's price cuts keep giving firms reasons to switch.
- Two takeaways: ARR is a poor measure for AI spend given churn, and models are commoditizing—pricing power at AI labs will keep eroding.
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