How Companies Are Actually Spending Money on AI Now
Odd Lots23 Jan 2025

How Companies Are Actually Spending Money on AI Now

In theory, all of this AI spending has to deliver some kind of return. Companies (or other end users) will have to get tangible value from its outputs in order to justify the billions spent on research, chips, energy, and more. So what's actually happening at the corporate level? On this episode, we speak with Eric Glyman, who is the co-founder and CEO of Ramp, which helps corporations manage their expenses. As such, he has front row visibility in terms of what's actually being spent and who is actually getting the money. We talk about trends he's seeing in terms of spending going toward companies like OpenAI and Anthropic, as well as how AI tech is affecting the operations of his own business.

Read More:
SoftBank Shares Soar as Masayoshi Son’s AI Vision Coalesces
Trump Pushes to Make US an AI Superpower, With Fewer Guardrails

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