US corporate AI spending hits new high in October but growth slows to 1.65%
The Decoder · rss · 2026-11-12
Citing the Ramp AI Index, The Decoder reports US corporate AI spending hit a new high in October 2026, yet monthly growth slowed to 1.65%. Key structural facts: 1% of companies drive 80% of OpenAI and Anthropic revenue, and customer support is emerging as a new growth driver — though it likely carries lower margins than the coding business that fueled spending so far.
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