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Corporate America’s Top 1% Spend $7,400 Per Employee on AI

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The top 1% of U.S. businesses spent a median of $7,400 per employee on artificial intelligence in July, while the top 10% spent roughly $650, according to the Ramp AI Index released Aug. 12. The median company spent just $11.95 per employee. That gap leaves the heaviest spenders with AI budgets more than 600 times…