Ramp Watch posted an update
Ramp says it passed $2bn in annualised revenue over the summer and is cash-flow positive. The fintech company also says 85,000 businesses use its services, which it claims save customers more than $1bn a month.
Why it mattersThe company lists AI Spend Management, for tracking the return on AI spending, and Router, which selects between AI models, among this year’s product additions. Those tools give the business milestone a concrete AI connection, though the figures are Ramp’s own claims.
Discuss: Should businesses judge AI tools by the money they save, or by the quality of the work they produce?
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