THE NUMBERS, WITH RECEIPTS.
11 AI forecasts on Chronopin: cited projections and data, each with its publisher, date and quote.
Ramp counts businesses with a card or invoice payment for AI; the Census BTOS lines (fortnightly, all employer firms) ask whether the business used AI in the last two weeks and expects to in the next six months.
Checked 2026-10-30
Goldman Sachs Research's extrapolation of its preferred estimates; it notes consensus 2027 capex projections are likely too conservative.
“Those estimates imply that AI capex will rise from 1.8% of GDP in the US (with global AI investment totaling 0.9% of global GDP) in 2026 to 2.5% of GDP in the US (1.3% globally) in 2027, with a further increase to 2.8% (1.4% globally) in 2028.”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
Investment (capex and related spending), not only software or subscription spend.
“That projection points to $1 trillion of AI-related investment around the globe in 2026, including $581 billion in the US”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
AI-optimized IaaS, servers, network fabric, AI processing semiconductors and devices; the largest segment of Gartner's AI spending forecast.
“AI Infrastructure 981,920 1,484,397 1,977,685 (millions of U.S. dollars, 2025, 2026, 2027)”
“AI Infrastructure 975,581 1,431,509 1,890,310 (millions of U.S. dollars, 2025, 2026, 2027)”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
Both figures are floors ("more than"), across each company's own fiscal year; FactSet's FY28 estimate is more than $900bn. Not a US-only total.
“Aggregate cash capex of five hyperscalers is expected to exceed $690bn across their respective FY26 periods”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
An August 2024 forecast (software, hardware and services; GenAI is $108B of it). Later Gartner and Goldman Sachs estimates are far higher.
“AI spending in the United States will reach $336 billion in 2028, making it the largest geographic region for AI investment”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
Gartner's September 2026 forecast, its third of the year: January and May editions (grey dotted) were both revised up. The 2025 value is Gartner's estimate.
“Total AI Spending 1,786,671 2,670,460 3,637,292 (millions of U.S. dollars, 2025, 2026, 2027)”
“global AI spending will hit $2.53 trillion in 2026 and reach a staggering $3.33 trillion in 2027.”
“Total AI Spending 1,764,947 2,595,667 3,493,358 (millions of U.S. dollars, 2025, 2026, 2027)”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
Tokens consumed per week, in trillions, by model maker. Weekly (Monday to Sunday) totals for businesses on Ramp's card and bill-pay platform, from Ramp AI Token Spend Management; a sample of Ramp customers, not the whole US. Lines are refreshed by the 6am and 6pm job.
Dollars spent on tokens per week, in millions, by model maker. Weekly (Monday to Sunday) totals for businesses on Ramp's card and bill-pay platform, from Ramp AI Token Spend Management; a sample of Ramp customers, not the whole US. Lines are refreshed by the 6am and 6pm job.
Blended price per million tokens (token spend divided by token volume, all token types) for OpenAI and Anthropic, as Ramp charts it; weekly seven-day totals. Measured on businesses on Ramp's card and bill-pay platform, from Ramp AI Token Spend Management; a sample of Ramp customers, not the whole US. Lines are refreshed by the 6am and 6pm job.
IDC October 22, 2026 HPC/AI Index: non-service-provider buyers (enterprises and governments). Publisher’s 2025 baseline and 2030 forecast, USD billions, not an observed actual series. Excludes service-provider procurement and non-AI IT infrastructure; not comparable to Gartner worldwide total AI spending or IDC US AI spending.
“non-service-provider spending on AI infrastructure steadily rising from $28.6 billion in 2025 to $96.4 billion in 2030”
Projections are the cited publishers’ forecasts, not ChronoPin’s.
Checked 2026-10-28
25.66% (2023-06-01) → 24.53% (2023-07-01) → 25.39% (2023-08-01) → 26.49% (2023-09-01) → 27.25% (2023-10-01) → 28.16% (2023-11-01) → 29.41% (2023-12-01) → 30.4% (2024-01-01) → 30.64% (2024-02-01) → 31.19% (2024-03-01) → 30.8% (2024-04-01) → 31.16% (2024-05-01) → 31.37% (2024-06-01) → 31.83% (2024-07-01) → 32.06% (2024-08-01) → 32.9% (2024-09-01) → 33.52% (2024-10-01) → 34.17% (2024-11-01) → 34.5% (2024-12-01) → 35.56% (2025-01-01) → 36.66% (2025-02-01) → 37.49% (2025-03-01) → 39% (2025-04-01) → 40.3% (2025-05-01) → 41.18% (2025-06-01) → 42.54% (2025-07-01) → 43.49% (2025-08-01) → 43.8% (2025-09-01) → 43.61% (2025-10-01) → 44.43% (2025-11-01) → 44.5% (2025-12-01) → 45.52% (2026-01-01) → 47.74% (2026-02-01) → 50.15% (2026-03-01) → 51.98% (2026-04-01) → 53.24% (2026-05-01) → 53.98% (2026-06-01) → 54.84% (2026-07-01) → 55.24% (2026-08-01) → 55.86% (2026-09-01) → 50.19% (2023-06-01) → 47.29% (2023-07-01) → 47.42% (2023-08-01) → 49.58% (2023-09-01) → 51.45% (2023-10-01) → 53.42% (2023-11-01) → 54.44% (2023-12-01) → 55.54% (2024-01-01) → 56.25% (2024-02-01) → 57.69% (2024-03-01) → 57.89% (2024-04-01) → 58.24% (2024-05-01) → 58.51% (2024-06-01) → 59.76% (2024-07-01) → 60.05% (2024-08-01) → 61.05% (2024-09-01) → 61.86% (2024-10-01) → 62.77% (2024-11-01) → 62.72% (2024-12-01) → 63.68% (2025-01-01) → 64.73% (2025-02-01) → 66.54% (2025-03-01) → 66.68% (2025-04-01) → 67.71% (2025-05-01) → 68.86% (2025-06-01) → 70.13% (2025-07-01) → 70.57% (2025-08-01) → 71.35% (2025-09-01) → 71.43% (2025-10-01) → 71.75% (2025-11-01) → 71.46% (2025-12-01) → 73.08% (2026-01-01) → 75.18% (2026-02-01) → 76.67% (2026-03-01) → 78.15% (2026-04-01) → 78.07% (2026-05-01) → 78.7% (2026-06-01) → 79.66% (2026-07-01) → 80.05% (2026-08-01) → 79.92% (2026-09-01) → 17.3% (2025-11-16) → 17.2% (2025-11-30) → 17.8% (2025-12-14) → 17.7% (2025-12-28) → 18.2% (2026-01-11) → 18.9% (2026-01-25) → 17.5% (2026-02-08) → 18.2% (2026-02-22) → 18.9% (2026-03-08) → 19.1% (2026-03-22) → 19.8% (2026-04-05) → 19.8% (2026-04-19) → 19.5% (2026-05-03) → 20.6% (2026-05-17) → 20.6% (2026-05-31) → 20.6% (2026-06-14) → 21.7% (2026-06-28) → 21.5% (2026-07-12) → 21.8% (2026-07-26) → 22.4% (2026-08-09) → 23.2% (2026-08-23) → 23.8% (2026-09-06) → 23.8% (2026-09-20) → 24.6% (2026-10-04) → 21.1% (2025-11-16) → 20.9% (2025-11-30) → 21.3% (2025-12-14) → 22.4% (2025-12-28) → 22.1% (2026-01-11) → 22.1% (2026-01-25) → 21% (2026-02-08) → 21.8% (2026-02-22) → 22.3% (2026-03-08) → 22.5% (2026-03-22) → 23% (2026-04-05) → 22.8% (2026-04-19) → 22.7% (2026-05-03) → 23.7% (2026-05-17) → 23.9% (2026-05-31) → 23.7% (2026-06-14) → 24.5% (2026-06-28) → 24.3% (2026-07-12) → 25.9% (2026-07-26) → 25.9% (2026-08-09) → 27.3% (2026-08-23) → 27.6% (2026-09-06) → 27.7% (2026-09-20) → 28.6% (2026-10-04)
Ramp counts businesses with a card or invoice payment for AI; the Census BTOS lines (fortnightly, all employer firms) ask whether the business used AI in the last two weeks and expects to in the next six months.
1.8% (2026) → 2.5% (2027) → 2.8% (2028)
Goldman Sachs Research's extrapolation of its preferred estimates; it notes consensus 2027 capex projections are likely too conservative.
$581B (2026)
Investment (capex and related spending), not only software or subscription spend.
$982B (2025) → $1,484B (2026) → $1,978B (2027)
AI-optimized IaaS, servers, network fabric, AI processing semiconductors and devices; the largest segment of Gartner's AI spending forecast.
$690B (2026) → $900B (2028)
Both figures are floors ("more than"), across each company's own fiscal year; FactSet's FY28 estimate is more than $900bn. Not a US-only total.
$336B (2028)
An August 2024 forecast (software, hardware and services; GenAI is $108B of it). Later Gartner and Goldman Sachs estimates are far higher.
$1.79T (2025) → $2.67T (2026) → $3.64T (2027)
Gartner's September 2026 forecast, its third of the year: January and May editions (grey dotted) were both revised up. The 2025 value is Gartner's estimate.
0.58T (2025-01-10) → 0.56T (2025-01-17) → 0.53T (2025-01-24) → 0.57T (2025-01-31) → 0.62T (2025-02-07) → 0.68T (2025-02-14) → 0.74T (2025-02-21) → 0.92T (2025-02-28) → 0.85T (2025-03-07) → 0.83T (2025-03-14) → 0.81T (2025-03-21) → 0.83T (2025-03-28) → 0.88T (2025-04-04) → 0.85T (2025-04-11) → 0.78T (2025-04-18) → 0.93T (2025-04-25) → 1.08T (2025-05-02) → 1.07T (2025-05-09) → 1.12T (2025-05-16) → 1.19T (2025-05-23) → 1.11T (2025-05-30) → 1.24T (2025-06-06) → 1.23T (2025-06-13) → 1.34T (2025-06-20) → 1.56T (2025-06-27) → 1.59T (2025-07-04) → 1.81T (2025-07-11) → 2.2T (2025-07-18) → 2.16T (2025-07-25) → 2.08T (2025-08-01) → 1.96T (2025-08-08) → 1.99T (2025-08-15) → 2.19T (2025-08-22) → 2.73T (2025-08-29) → 2.68T (2025-09-05) → 2.65T (2025-09-12) → 3.51T (2025-09-19) → 3.29T (2025-09-26) → 3.91T (2025-10-03) → 4.49T (2025-10-10) → 4.7T (2025-10-17) → 4.62T (2025-10-24) → 4.82T (2025-10-31) → 5.01T (2025-11-07) → 5.13T (2025-11-14) → 5.08T (2025-11-21) → 4.57T (2025-11-28) → 5.78T (2025-12-05) → 6.08T (2025-12-12) → 5.67T (2025-12-19) → 4.05T (2025-12-26) → 4.01T (2026-01-02) → 5.76T (2026-01-09) → 6.56T (2026-01-16) → 6.84T (2026-01-23) → 8.06T (2026-01-30) → 8.58T (2026-02-06) → 9.35T (2026-02-13) → 9.41T (2026-02-20) → 11.27T (2026-02-27) → 12.8T (2026-03-06) → 13.51T (2026-03-13) → 13.46T (2026-03-20) → 14.04T (2026-03-27) → 14.83T (2026-04-03) → 15.38T (2026-04-10) → 17.38T (2026-04-17) → 19.86T (2026-04-24) → 21.2T (2026-05-01) → 21.99T (2026-05-08) → 23.34T (2026-05-15) → 24.22T (2026-05-22) → 23.36T (2026-05-29) → 27.28T (2026-06-05) → 27.5T (2026-06-12) → 28.17T (2026-06-19) → 29.17T (2026-06-26) → 29.29T (2026-07-03) → 34.32T (2026-07-10) → 37.14T (2026-07-17) → 38.07T (2026-07-24) → 44.66T (2026-07-31) → 46.3T (2026-08-07) → 47.77T (2026-08-14) → 48.76T (2026-08-21) → 51.45T (2026-08-28) → 52.94T (2026-09-04) → 48.39T (2026-09-11) → 56.6T (2026-09-18) → 59.52T (2026-09-25) → 65.03T (2026-10-02) → 72.99T (2026-10-09) → 76.45T (2026-10-16) → 81.57T (2026-10-23) → 0.07T (2025-01-10) → 0.08T (2025-01-17) → 0.09T (2025-01-24) → 0.09T (2025-01-31) → 0.1T (2025-02-07) → 0.1T (2025-02-14) → 0.15T (2025-02-21) → 0.15T (2025-02-28) → 0.18T (2025-03-07) → 0.18T (2025-03-14) → 0.18T (2025-03-21) → 0.2T (2025-03-28) → 0.22T (2025-04-04) → 0.24T (2025-04-11) → 0.19T (2025-04-18) → 0.21T (2025-04-25) → 0.2T (2025-05-02) → 0.24T (2025-05-09) → 0.24T (2025-05-16) → 0.25T (2025-05-23) → 0.27T (2025-05-30) → 0.31T (2025-06-06) → 0.31T (2025-06-13) → 0.33T (2025-06-20) → 0.35T (2025-06-27) → 0.35T (2025-07-04) → 0.41T (2025-07-11) → 0.44T (2025-07-18) → 0.46T (2025-07-25) → 0.47T (2025-08-01) → 0.54T (2025-08-08) → 0.61T (2025-08-15) → 0.64T (2025-08-22) → 0.63T (2025-08-29) → 0.79T (2025-09-05) → 0.76T (2025-09-12) → 1.02T (2025-09-19) → 1.04T (2025-09-26) → 1.12T (2025-10-03) → 1.34T (2025-10-10) → 1.53T (2025-10-17) → 1.45T (2025-10-24) → 1.62T (2025-10-31) → 1.69T (2025-11-07) → 1.72T (2025-11-14) → 1.76T (2025-11-21) → 1.77T (2025-11-28) → 2.28T (2025-12-05) → 2.26T (2025-12-12) → 1.89T (2025-12-19) → 1.18T (2025-12-26) → 1.15T (2026-01-02) → 2.23T (2026-01-09) → 2.6T (2026-01-16) → 2.8T (2026-01-23) → 3.5T (2026-01-30) → 3.66T (2026-02-06) → 4.31T (2026-02-13) → 4.85T (2026-02-20) → 5.96T (2026-02-27) → 6.69T (2026-03-06) → 7.28T (2026-03-13) → 7.75T (2026-03-20) → 7.88T (2026-03-27) → 8.32T (2026-04-03) → 8.89T (2026-04-10) → 10.28T (2026-04-17) → 12.09T (2026-04-24) → 12.99T (2026-05-01) → 13.74T (2026-05-08) → 15T (2026-05-15) → 15.46T (2026-05-22) → 14.53T (2026-05-29) → 17.27T (2026-06-05) → 17.38T (2026-06-12) → 17.99T (2026-06-19) → 19.2T (2026-06-26) → 19.75T (2026-07-03) → 22.01T (2026-07-10) → 21.68T (2026-07-17) → 22.14T (2026-07-24) → 27.02T (2026-07-31) → 27.95T (2026-08-07) → 28.5T (2026-08-14) → 29.16T (2026-08-21) → 29.78T (2026-08-28) → 30.52T (2026-09-04) → 28.14T (2026-09-11) → 31.66T (2026-09-18) → 33.4T (2026-09-25) → 36.95T (2026-10-02) → 42.89T (2026-10-09) → 44.75T (2026-10-16) → 48.78T (2026-10-23) → 0.51T (2025-01-10) → 0.49T (2025-01-17) → 0.45T (2025-01-24) → 0.48T (2025-01-31) → 0.52T (2025-02-07) → 0.58T (2025-02-14) → 0.59T (2025-02-21) → 0.77T (2025-02-28) → 0.67T (2025-03-07) → 0.65T (2025-03-14) → 0.63T (2025-03-21) → 0.62T (2025-03-28) → 0.66T (2025-04-04) → 0.6T (2025-04-11) → 0.58T (2025-04-18) → 0.72T (2025-04-25) → 0.88T (2025-05-02) → 0.81T (2025-05-09) → 0.88T (2025-05-16) → 0.93T (2025-05-23) → 0.84T (2025-05-30) → 0.93T (2025-06-06) → 0.91T (2025-06-13) → 1.01T (2025-06-20) → 1.21T (2025-06-27) → 1.24T (2025-07-04) → 1.4T (2025-07-11) → 1.75T (2025-07-18) → 1.69T (2025-07-25) → 1.61T (2025-08-01) → 1.4T (2025-08-08) → 1.38T (2025-08-15) → 1.55T (2025-08-22) → 2.1T (2025-08-29) → 1.88T (2025-09-05) → 1.9T (2025-09-12) → 2.48T (2025-09-19) → 2.25T (2025-09-26) → 2.79T (2025-10-03) → 3.14T (2025-10-10) → 3.17T (2025-10-17) → 3.16T (2025-10-24) → 3.19T (2025-10-31) → 3.29T (2025-11-07) → 3.37T (2025-11-14) → 3.27T (2025-11-21) → 2.75T (2025-11-28) → 3.45T (2025-12-05) → 3.77T (2025-12-12) → 3.73T (2025-12-19) → 2.84T (2025-12-26) → 2.81T (2026-01-02) → 3.48T (2026-01-09) → 3.89T (2026-01-16) → 3.98T (2026-01-23) → 4.51T (2026-01-30) → 4.85T (2026-02-06) → 4.96T (2026-02-13) → 4.44T (2026-02-20) → 5.17T (2026-02-27) → 5.99T (2026-03-06) → 6.13T (2026-03-13) → 5.54T (2026-03-20) → 6.01T (2026-03-27) → 6.27T (2026-04-03) → 6.16T (2026-04-10) → 6.76T (2026-04-17) → 7.42T (2026-04-24) → 7.79T (2026-05-01) → 7.75T (2026-05-08) → 7.83T (2026-05-15) → 8.31T (2026-05-22) → 8.38T (2026-05-29) → 9.39T (2026-06-05) → 9.53T (2026-06-12) → 9.52T (2026-06-19) → 9.17T (2026-06-26) → 8.7T (2026-07-03) → 11.24T (2026-07-10) → 14.25T (2026-07-17) → 14.8T (2026-07-24) → 16.38T (2026-07-31) → 17.03T (2026-08-07) → 17.67T (2026-08-14) → 17.59T (2026-08-21) → 19.62T (2026-08-28) → 20.43T (2026-09-04) → 18.52T (2026-09-11) → 22.9T (2026-09-18) → 23.95T (2026-09-25) → 25.99T (2026-10-02) → 27.91T (2026-10-09) → 29.48T (2026-10-16) → 30.31T (2026-10-23) → 0T (2025-01-10) → 0T (2025-01-17) → 0T (2025-01-24) → 0T (2025-01-31) → 0T (2025-02-07) → 0T (2025-02-14) → 0T (2025-02-21) → 0T (2025-02-28) → 0T (2025-03-07) → 0T (2025-03-14) → 0T (2025-03-21) → 0T (2025-03-28) → 0T (2025-04-04) → 0.02T (2025-04-11) → 0.01T (2025-04-18) → 0T (2025-04-25) → 0T (2025-05-02) → 0.02T (2025-05-09) → 0T (2025-05-16) → 0T (2025-05-23) → 0T (2025-05-30) → 0T (2025-06-06) → 0T (2025-06-13) → 0T (2025-06-20) → 0T (2025-06-27) → 0T (2025-07-04) → 0T (2025-07-11) → 0T (2025-07-18) → 0T (2025-07-25) → 0T (2025-08-01) → 0.02T (2025-08-08) → 0T (2025-08-15) → 0T (2025-08-22) → 0T (2025-08-29) → 0T (2025-09-05) → 0T (2025-09-12) → 0T (2025-09-19) → 0T (2025-09-26) → 0T (2025-10-03) → 0T (2025-10-10) → 0T (2025-10-17) → 0.01T (2025-10-24) → 0T (2025-10-31) → 0T (2025-11-07) → 0.01T (2025-11-14) → 0.01T (2025-11-21) → 0.01T (2025-11-28) → 0.02T (2025-12-05) → 0.02T (2025-12-12) → 0.02T (2025-12-19) → 0.02T (2025-12-26) → 0.02T (2026-01-02) → 0.02T (2026-01-09) → 0.03T (2026-01-16) → 0.02T (2026-01-23) → 0.02T (2026-01-30) → 0.04T (2026-02-06) → 0.05T (2026-02-13) → 0.08T (2026-02-20) → 0.1T (2026-02-27) → 0.08T (2026-03-06) → 0.07T (2026-03-13) → 0.11T (2026-03-20) → 0.07T (2026-03-27) → 0.17T (2026-04-03) → 0.25T (2026-04-10) → 0.27T (2026-04-17) → 0.29T (2026-04-24) → 0.36T (2026-05-01) → 0.43T (2026-05-08) → 0.42T (2026-05-15) → 0.32T (2026-05-22) → 0.3T (2026-05-29) → 0.47T (2026-06-05) → 0.41T (2026-06-12) → 0.45T (2026-06-19) → 0.6T (2026-06-26) → 0.66T (2026-07-03) → 0.79T (2026-07-10) → 0.77T (2026-07-17) → 0.65T (2026-07-24) → 0.72T (2026-07-31) → 0.64T (2026-08-07) → 0.65T (2026-08-14) → 0.87T (2026-08-21) → 0.88T (2026-08-28) → 0.79T (2026-09-04) → 0.74T (2026-09-11) → 0.9T (2026-09-18) → 0.92T (2026-09-25) → 0.96T (2026-10-02) → 0.96T (2026-10-09) → 0.95T (2026-10-16) → 1.06T (2026-10-23)
Tokens consumed per week, in trillions, by model maker. Weekly (Monday to Sunday) totals for businesses on Ramp's card and bill-pay platform, from Ramp AI Token Spend Management; a sample of Ramp customers, not the whole US. Lines are refreshed by the 6am and 6pm job.
$0.54M (2025-01-10) → $0.54M (2025-01-17) → $0.65M (2025-01-24) → $0.68M (2025-01-31) → $0.69M (2025-02-07) → $0.66M (2025-02-14) → $0.83M (2025-02-21) → $0.9M (2025-02-28) → $1.01M (2025-03-07) → $0.91M (2025-03-14) → $1.05M (2025-03-21) → $1.13M (2025-03-28) → $1.19M (2025-04-04) → $1.18M (2025-04-11) → $1.1M (2025-04-18) → $1.25M (2025-04-25) → $1.41M (2025-05-02) → $1.36M (2025-05-09) → $1.39M (2025-05-16) → $1.41M (2025-05-23) → $1.39M (2025-05-30) → $1.56M (2025-06-06) → $1.58M (2025-06-13) → $1.6M (2025-06-20) → $1.73M (2025-06-27) → $1.79M (2025-07-04) → $2M (2025-07-11) → $2.32M (2025-07-18) → $2.46M (2025-07-25) → $2.16M (2025-08-01) → $2.48M (2025-08-08) → $2.6M (2025-08-15) → $2.55M (2025-08-22) → $2.62M (2025-08-29) → $2.67M (2025-09-05) → $2.71M (2025-09-12) → $3.38M (2025-09-19) → $3.4M (2025-09-26) → $3.84M (2025-10-03) → $4.69M (2025-10-10) → $5.04M (2025-10-17) → $4.71M (2025-10-24) → $4.93M (2025-10-31) → $5.07M (2025-11-07) → $5.09M (2025-11-14) → $5.18M (2025-11-21) → $4.72M (2025-11-28) → $5.94M (2025-12-05) → $6.17M (2025-12-12) → $5.49M (2025-12-19) → $3.81M (2025-12-26) → $3.34M (2026-01-02) → $5.4M (2026-01-09) → $6.12M (2026-01-16) → $6.54M (2026-01-23) → $7.93M (2026-01-30) → $8.4M (2026-02-06) → $9.65M (2026-02-13) → $10.23M (2026-02-20) → $12.39M (2026-02-27) → $13.57M (2026-03-06) → $13.97M (2026-03-13) → $13.79M (2026-03-20) → $12.62M (2026-03-27) → $13.14M (2026-04-03) → $13.07M (2026-04-10) → $14.08M (2026-04-17) → $15.02M (2026-04-24) → $16.6M (2026-05-01) → $16.39M (2026-05-08) → $18.44M (2026-05-15) → $18.51M (2026-05-22) → $17.48M (2026-05-29) → $20.27M (2026-06-05) → $21.33M (2026-06-12) → $20.31M (2026-06-19) → $21.09M (2026-06-26) → $20.72M (2026-07-03) → $25.49M (2026-07-10) → $28.71M (2026-07-17) → $30.21M (2026-07-24) → $34.05M (2026-07-31) → $31.47M (2026-08-07) → $31.14M (2026-08-14) → $30.17M (2026-08-21) → $29.11M (2026-08-28) → $28.94M (2026-09-04) → $27.51M (2026-09-11) → $32.25M (2026-09-18) → $31.3M (2026-09-25) → $29.98M (2026-10-02) → $32.68M (2026-10-09) → $33.79M (2026-10-16) → $34.08M (2026-10-23) → $0.18M (2025-01-10) → $0.18M (2025-01-17) → $0.22M (2025-01-24) → $0.23M (2025-01-31) → $0.23M (2025-02-07) → $0.21M (2025-02-14) → $0.36M (2025-02-21) → $0.36M (2025-02-28) → $0.44M (2025-03-07) → $0.39M (2025-03-14) → $0.44M (2025-03-21) → $0.5M (2025-03-28) → $0.52M (2025-04-04) → $0.56M (2025-04-11) → $0.48M (2025-04-18) → $0.55M (2025-04-25) → $0.54M (2025-05-02) → $0.6M (2025-05-09) → $0.59M (2025-05-16) → $0.6M (2025-05-23) → $0.63M (2025-05-30) → $0.75M (2025-06-06) → $0.75M (2025-06-13) → $0.78M (2025-06-20) → $0.82M (2025-06-27) → $0.81M (2025-07-04) → $0.91M (2025-07-11) → $0.92M (2025-07-18) → $0.98M (2025-07-25) → $0.95M (2025-08-01) → $1.1M (2025-08-08) → $1.15M (2025-08-15) → $1.19M (2025-08-22) → $1.07M (2025-08-29) → $1.36M (2025-09-05) → $1.23M (2025-09-12) → $1.49M (2025-09-19) → $1.48M (2025-09-26) → $1.82M (2025-10-03) → $2.5M (2025-10-10) → $2.76M (2025-10-17) → $2.51M (2025-10-24) → $2.78M (2025-10-31) → $2.87M (2025-11-07) → $2.82M (2025-11-14) → $2.94M (2025-11-21) → $2.76M (2025-11-28) → $3.44M (2025-12-05) → $3.58M (2025-12-12) → $3.03M (2025-12-19) → $1.88M (2025-12-26) → $1.74M (2026-01-02) → $3.05M (2026-01-09) → $3.39M (2026-01-16) → $3.75M (2026-01-23) → $4.61M (2026-01-30) → $4.73M (2026-02-06) → $5.89M (2026-02-13) → $6.62M (2026-02-20) → $8.4M (2026-02-27) → $9.41M (2026-03-06) → $9.7M (2026-03-13) → $9.3M (2026-03-20) → $8.23M (2026-03-27) → $8.62M (2026-04-03) → $8.56M (2026-04-10) → $9.38M (2026-04-17) → $9.92M (2026-04-24) → $10.6M (2026-05-01) → $10.7M (2026-05-08) → $11.89M (2026-05-15) → $11.95M (2026-05-22) → $11.06M (2026-05-29) → $13.13M (2026-06-05) → $13.64M (2026-06-12) → $12.74M (2026-06-19) → $12.9M (2026-06-26) → $13.58M (2026-07-03) → $16.11M (2026-07-10) → $16.41M (2026-07-17) → $17.34M (2026-07-24) → $20.95M (2026-07-31) → $19.47M (2026-08-07) → $19.03M (2026-08-14) → $18.15M (2026-08-21) → $17.76M (2026-08-28) → $17.39M (2026-09-04) → $15.01M (2026-09-11) → $15.92M (2026-09-18) → $16.05M (2026-09-25) → $15.56M (2026-10-02) → $19.06M (2026-10-09) → $20.1M (2026-10-16) → $20.62M (2026-10-23) → $0.35M (2025-01-10) → $0.36M (2025-01-17) → $0.42M (2025-01-24) → $0.46M (2025-01-31) → $0.46M (2025-02-07) → $0.45M (2025-02-14) → $0.47M (2025-02-21) → $0.54M (2025-02-28) → $0.56M (2025-03-07) → $0.52M (2025-03-14) → $0.61M (2025-03-21) → $0.63M (2025-03-28) → $0.67M (2025-04-04) → $0.62M (2025-04-11) → $0.62M (2025-04-18) → $0.7M (2025-04-25) → $0.87M (2025-05-02) → $0.75M (2025-05-09) → $0.8M (2025-05-16) → $0.81M (2025-05-23) → $0.76M (2025-05-30) → $0.81M (2025-06-06) → $0.83M (2025-06-13) → $0.82M (2025-06-20) → $0.91M (2025-06-27) → $0.97M (2025-07-04) → $1.09M (2025-07-11) → $1.39M (2025-07-18) → $1.49M (2025-07-25) → $1.21M (2025-08-01) → $1.38M (2025-08-08) → $1.44M (2025-08-15) → $1.36M (2025-08-22) → $1.55M (2025-08-29) → $1.3M (2025-09-05) → $1.47M (2025-09-12) → $1.89M (2025-09-19) → $1.92M (2025-09-26) → $2.01M (2025-10-03) → $2.19M (2025-10-10) → $2.27M (2025-10-17) → $2.19M (2025-10-24) → $2.15M (2025-10-31) → $2.19M (2025-11-07) → $2.26M (2025-11-14) → $2.22M (2025-11-21) → $1.94M (2025-11-28) → $2.48M (2025-12-05) → $2.58M (2025-12-12) → $2.44M (2025-12-19) → $1.92M (2025-12-26) → $1.59M (2026-01-02) → $2.33M (2026-01-09) → $2.7M (2026-01-16) → $2.76M (2026-01-23) → $3.3M (2026-01-30) → $3.65M (2026-02-06) → $3.73M (2026-02-13) → $3.58M (2026-02-20) → $3.94M (2026-02-27) → $4.11M (2026-03-06) → $4.22M (2026-03-13) → $4.41M (2026-03-20) → $4.3M (2026-03-27) → $4.41M (2026-04-03) → $4.38M (2026-04-10) → $4.55M (2026-04-17) → $4.94M (2026-04-24) → $5.81M (2026-05-01) → $5.46M (2026-05-08) → $6.31M (2026-05-15) → $6.35M (2026-05-22) → $6.17M (2026-05-29) → $6.81M (2026-06-05) → $7.34M (2026-06-12) → $7.22M (2026-06-19) → $7.74M (2026-06-26) → $6.69M (2026-07-03) → $8.86M (2026-07-10) → $11.77M (2026-07-17) → $12.28M (2026-07-24) → $12.39M (2026-07-31) → $11.15M (2026-08-07) → $11.23M (2026-08-14) → $10.94M (2026-08-21) → $10.09M (2026-08-28) → $10.32M (2026-09-04) → $11.41M (2026-09-11) → $15.06M (2026-09-18) → $13.83M (2026-09-25) → $13.09M (2026-10-02) → $12.34M (2026-10-09) → $12.34M (2026-10-16) → $11.98M (2026-10-23) → $0M (2025-01-10) → $0M (2025-01-17) → $0M (2025-01-24) → $0M (2025-01-31) → $0M (2025-02-07) → $0M (2025-02-14) → $0M (2025-02-21) → $0M (2025-02-28) → $0M (2025-03-07) → $0M (2025-03-14) → $0M (2025-03-21) → $0M (2025-03-28) → $0M (2025-04-04) → $0M (2025-04-11) → $0M (2025-04-18) → $0M (2025-04-25) → $0M (2025-05-02) → $0M (2025-05-09) → $0M (2025-05-16) → $0M (2025-05-23) → $0M (2025-05-30) → $0M (2025-06-06) → $0M (2025-06-13) → $0M (2025-06-20) → $0M (2025-06-27) → $0M (2025-07-04) → $0M (2025-07-11) → $0M (2025-07-18) → $0M (2025-07-25) → $0M (2025-08-01) → $0M (2025-08-08) → $0M (2025-08-15) → $0M (2025-08-22) → $0M (2025-08-29) → $0M (2025-09-05) → $0M (2025-09-12) → $0M (2025-09-19) → $0M (2025-09-26) → $0M (2025-10-03) → $0M (2025-10-10) → $0M (2025-10-17) → $0M (2025-10-24) → $0M (2025-10-31) → $0M (2025-11-07) → $0M (2025-11-14) → $0.01M (2025-11-21) → $0.01M (2025-11-28) → $0.01M (2025-12-05) → $0.01M (2025-12-12) → $0.01M (2025-12-19) → $0.01M (2025-12-26) → $0.01M (2026-01-02) → $0.01M (2026-01-09) → $0.01M (2026-01-16) → $0.01M (2026-01-23) → $0.01M (2026-01-30) → $0.01M (2026-02-06) → $0.02M (2026-02-13) → $0.02M (2026-02-20) → $0.03M (2026-02-27) → $0.03M (2026-03-06) → $0.03M (2026-03-13) → $0.05M (2026-03-20) → $0.03M (2026-03-27) → $0.07M (2026-04-03) → $0.1M (2026-04-10) → $0.1M (2026-04-17) → $0.12M (2026-04-24) → $0.16M (2026-05-01) → $0.18M (2026-05-08) → $0.2M (2026-05-15) → $0.14M (2026-05-22) → $0.14M (2026-05-29) → $0.21M (2026-06-05) → $0.21M (2026-06-12) → $0.21M (2026-06-19) → $0.33M (2026-06-26) → $0.33M (2026-07-03) → $0.37M (2026-07-10) → $0.34M (2026-07-17) → $0.32M (2026-07-24) → $0.36M (2026-07-31) → $0.37M (2026-08-07) → $0.32M (2026-08-14) → $0.4M (2026-08-21) → $0.4M (2026-08-28) → $0.4M (2026-09-04) → $0.38M (2026-09-11) → $0.46M (2026-09-18) → $0.5M (2026-09-25) → $0.51M (2026-10-02) → $0.46M (2026-10-09) → $0.57M (2026-10-16) → $0.64M (2026-10-23)
Dollars spent on tokens per week, in millions, by model maker. Weekly (Monday to Sunday) totals for businesses on Ramp's card and bill-pay platform, from Ramp AI Token Spend Management; a sample of Ramp customers, not the whole US. Lines are refreshed by the 6am and 6pm job.
$0.95 (2025-01-12) → $0.99 (2025-01-19) → $1.24 (2025-01-26) → $1.2 (2025-02-02) → $1.06 (2025-02-09) → $0.99 (2025-02-16) → $1.12 (2025-02-23) → $1 (2025-03-02) → $1.18 (2025-03-09) → $1.12 (2025-03-16) → $1.29 (2025-03-23) → $1.39 (2025-03-30) → $1.35 (2025-04-06) → $1.42 (2025-04-13) → $1.41 (2025-04-20) → $1.31 (2025-04-27) → $1.32 (2025-05-04) → $1.26 (2025-05-11) → $1.26 (2025-05-18) → $1.19 (2025-05-25) → $1.25 (2025-06-01) → $1.25 (2025-06-08) → $1.31 (2025-06-15) → $1.17 (2025-06-22) → $1.09 (2025-06-29) → $1.14 (2025-07-06) → $1.02 (2025-07-13) → $1.14 (2025-07-20) → $1.1 (2025-07-27) → $1.08 (2025-08-03) → $1.32 (2025-08-10) → $1.25 (2025-08-17) → $1.13 (2025-08-24) → $0.96 (2025-08-31) → $1.01 (2025-09-07) → $0.99 (2025-09-14) → $0.98 (2025-09-21) → $1.03 (2025-09-28) → $1 (2025-10-05) → $1.05 (2025-10-12) → $1.04 (2025-10-19) → $1.03 (2025-10-26) → $1.02 (2025-11-02) → $1 (2025-11-09) → $1 (2025-11-16) → $1.04 (2025-11-23) → $1.04 (2025-11-30) → $1.02 (2025-12-07) → $1.02 (2025-12-14) → $0.97 (2025-12-21) → $0.91 (2025-12-28) → $0.87 (2026-01-04) → $0.94 (2026-01-11) → $0.94 (2026-01-18) → $0.97 (2026-01-25) → $1 (2026-02-01) → $1 (2026-02-08) → $1.08 (2026-02-15) → $1.12 (2026-02-22) → $1.14 (2026-03-01) → $1.08 (2026-03-08) → $1.12 (2026-03-15) → $1.04 (2026-03-22) → $0.98 (2026-03-29) → $0.99 (2026-04-05) → $0.97 (2026-04-12) → $0.92 (2026-04-19) → $0.9 (2026-04-26) → $0.95 (2026-05-03) → $0.94 (2026-05-10) → $1 (2026-05-17) → $0.96 (2026-05-24) → $0.96 (2026-05-31) → $0.96 (2026-06-07) → $1 (2026-06-14) → $0.93 (2026-06-21) → $0.89 (2026-06-28) → $0.97 (2026-07-05) → $1.01 (2026-07-12) → $1.03 (2026-07-19) → $1.06 (2026-07-26) → $0.99 (2026-08-02) → $0.91 (2026-08-09) → $0.87 (2026-08-16) → $0.84 (2026-08-23) → $0.77 (2026-08-30) → $0.78 (2026-09-06) → $0.83 (2026-09-13) → $0.84 (2026-09-20) → $0.74 (2026-09-27) → $0.62 (2026-10-04) → $0.61 (2026-10-11) → $0.57 (2026-10-18) → $2.45 (2025-01-12) → $2.44 (2025-01-19) → $2.52 (2025-01-26) → $2.38 (2025-02-02) → $2.19 (2025-02-09) → $2.19 (2025-02-16) → $2.43 (2025-02-23) → $2.4 (2025-03-02) → $2.38 (2025-03-09) → $2.17 (2025-03-16) → $2.46 (2025-03-23) → $2.52 (2025-03-30) → $2.31 (2025-04-06) → $2.38 (2025-04-13) → $2.58 (2025-04-20) → $2.62 (2025-04-27) → $2.56 (2025-05-04) → $2.53 (2025-05-11) → $2.47 (2025-05-18) → $2.33 (2025-05-25) → $2.34 (2025-06-01) → $2.4 (2025-06-08) → $2.4 (2025-06-15) → $2.4 (2025-06-22) → $2.31 (2025-06-29) → $2.35 (2025-07-06) → $2.16 (2025-07-13) → $2.09 (2025-07-20) → $2.08 (2025-07-27) → $2.04 (2025-08-03) → $2.04 (2025-08-10) → $1.88 (2025-08-17) → $1.83 (2025-08-24) → $1.71 (2025-08-31) → $1.7 (2025-09-07) → $1.61 (2025-09-14) → $1.43 (2025-09-21) → $1.44 (2025-09-28) → $1.73 (2025-10-05) → $1.84 (2025-10-12) → $1.78 (2025-10-19) → $1.73 (2025-10-26) → $1.72 (2025-11-02) → $1.7 (2025-11-09) → $1.64 (2025-11-16) → $1.66 (2025-11-23) → $1.54 (2025-11-30) → $1.51 (2025-12-07) → $1.61 (2025-12-14) → $1.6 (2025-12-21) → $1.55 (2025-12-28) → $1.49 (2026-01-04) → $1.37 (2026-01-11) → $1.31 (2026-01-18) → $1.36 (2026-01-25) → $1.33 (2026-02-01) → $1.34 (2026-02-08) → $1.39 (2026-02-15) → $1.42 (2026-02-22) → $1.49 (2026-03-01) → $1.47 (2026-03-08) → $1.39 (2026-03-15) → $1.26 (2026-03-22) → $1.18 (2026-03-29) → $1.19 (2026-04-05) → $1.15 (2026-04-12) → $1.08 (2026-04-19) → $1.01 (2026-04-26) → $1.03 (2026-05-03) → $1 (2026-05-10) → $1.03 (2026-05-17) → $1 (2026-05-24) → $1.01 (2026-05-31) → $1 (2026-06-07) → $1.07 (2026-06-14) → $0.94 (2026-06-21) → $0.84 (2026-06-28) → $0.99 (2026-07-05) → $1.04 (2026-07-12) → $1.06 (2026-07-19) → $1.1 (2026-07-26) → $1.04 (2026-08-02) → $0.97 (2026-08-09) → $0.94 (2026-08-16) → $0.9 (2026-08-23) → $0.88 (2026-08-30) → $0.86 (2026-09-06) → $0.81 (2026-09-13) → $0.78 (2026-09-20) → $0.71 (2026-09-27) → $0.64 (2026-10-04) → $0.66 (2026-10-11) → $0.64 (2026-10-18) → $0.72 (2025-01-12) → $0.75 (2025-01-19) → $0.97 (2025-01-26) → $0.98 (2025-02-02) → $0.85 (2025-02-09) → $0.76 (2025-02-16) → $0.82 (2025-02-23) → $0.7 (2025-03-02) → $0.85 (2025-03-09) → $0.82 (2025-03-16) → $0.96 (2025-03-23) → $1.03 (2025-03-30) → $1 (2025-04-06) → $1.05 (2025-04-13) → $1.05 (2025-04-20) → $0.97 (2025-04-27) → $1 (2025-05-04) → $0.91 (2025-05-11) → $0.92 (2025-05-18) → $0.87 (2025-05-25) → $0.89 (2025-06-01) → $0.86 (2025-06-08) → $0.93 (2025-06-15) → $0.79 (2025-06-22) → $0.76 (2025-06-29) → $0.78 (2025-07-06) → $0.72 (2025-07-13) → $0.88 (2025-07-20) → $0.83 (2025-07-27) → $0.79 (2025-08-03) → $1.03 (2025-08-10) → $0.98 (2025-08-17) → $0.86 (2025-08-24) → $0.72 (2025-08-31) → $0.71 (2025-09-07) → $0.76 (2025-09-14) → $0.78 (2025-09-21) → $0.84 (2025-09-28) → $0.71 (2025-10-05) → $0.7 (2025-10-12) → $0.71 (2025-10-19) → $0.69 (2025-10-26) → $0.67 (2025-11-02) → $0.65 (2025-11-09) → $0.67 (2025-11-16) → $0.7 (2025-11-23) → $0.71 (2025-11-30) → $0.7 (2025-12-07) → $0.69 (2025-12-14) → $0.66 (2025-12-21) → $0.65 (2025-12-28) → $0.59 (2026-01-04) → $0.66 (2026-01-11) → $0.7 (2026-01-18) → $0.69 (2026-01-25) → $0.74 (2026-02-01) → $0.74 (2026-02-08) → $0.81 (2026-02-15) → $0.77 (2026-02-22) → $0.75 (2026-03-01) → $0.67 (2026-03-08) → $0.77 (2026-03-15) → $0.74 (2026-03-22) → $0.72 (2026-03-29) → $0.71 (2026-04-05) → $0.71 (2026-04-12) → $0.67 (2026-04-19) → $0.72 (2026-04-26) → $0.82 (2026-05-03) → $0.84 (2026-05-10) → $0.94 (2026-05-17) → $0.89 (2026-05-24) → $0.88 (2026-05-31) → $0.88 (2026-06-07) → $0.87 (2026-06-14) → $0.89 (2026-06-21) → $1 (2026-06-28) → $0.92 (2026-07-05) → $0.96 (2026-07-12) → $1 (2026-07-19) → $0.99 (2026-07-26) → $0.9 (2026-08-02) → $0.81 (2026-08-09) → $0.76 (2026-08-16) → $0.73 (2026-08-23) → $0.61 (2026-08-30) → $0.66 (2026-09-06) → $0.85 (2026-09-13) → $0.91 (2026-09-20) → $0.78 (2026-09-27) → $0.6 (2026-10-04) → $0.54 (2026-10-11) → $0.48 (2026-10-18)
Blended price per million tokens (token spend divided by token volume, all token types) for OpenAI and Anthropic, as Ramp charts it; weekly seven-day totals. Measured on businesses on Ramp's card and bill-pay platform, from Ramp AI Token Spend Management; a sample of Ramp customers, not the whole US. Lines are refreshed by the 6am and 6pm job.
$28.6B (2025) → $96.4B (2030)
IDC October 22, 2026 HPC/AI Index: non-service-provider buyers (enterprises and governments). Publisher’s 2025 baseline and 2030 forecast, USD billions, not an observed actual series. Excludes service-provider procurement and non-AI IT infrastructure; not comparable to Gartner worldwide total AI spending or IDC US AI spending.