Updated
Updated · TechCrunch · Jun 10
Top 1% of Firms Spend $7,500 per Employee on AI as Monthly Outlays Rise 14.1%
Updated
Updated · TechCrunch · Jun 10

Top 1% of Firms Spend $7,500 per Employee on AI as Monthly Outlays Rise 14.1%

2 articles · Updated · TechCrunch · Jun 10

Summary

  • $7,500 per employee per month is what Ramp says the top 1% of “AI-pilled” U.S. firms now spend on AI, with that group’s outlays rising 14.1% last month.
  • Ramp’s data suggests AI budgets still trail labor costs: the $7,500 figure remains well below the roughly $16,000 monthly pay of an average software engineer.
  • $611 per employee is the monthly AI spend for the top 10% of firms, while the median business spends just $11.38—closer to a single enterprise software seat than a payroll line.
  • Those heavy users often spread spending across multiple frontier models and platforms, including cheaper open-source options, underscoring both rapid adoption and continued price sensitivity.

Insights

As AI model costs plummet, why is total corporate AI spending exploding beyond employee salaries at top firms?
What hidden costs are causing 40% of corporate AI projects to fail, and how can leaders avoid them?
What is the secret of the top 1% of firms that achieve massive AI returns while most see none?