Top 1% of US companies spending ₹7 lakh per employee on AI: Report

The top 1% of US companies by AI spending spent $7,400 (₹7 lakh) per employee on AI in July, up from $2,590 (₹2.47 lakh) in January, according to Ramp AI Index. However, the figure stood at $650 (₹62,000) per employee for the top 10% of companies. The rise in AI spending comes as AI companies shift towards per-token pricing models.