Top 10% of AI customers reportedly account for 99.5% of model-serving spend
Apollo says roughly 10% of software-spending businesses on Ramp pay a GPU vendor, up from under 4% two years earlier—a measure of widening adoption.
TLDR
A post quoting Apollo chief economist Torsten Slok says the top 10% of AI customers account for 99.5% of model-serving spending—the cost of running AI models—and 99% of neocloud spending. Apollo separately says roughly 10% of software-spending businesses on Ramp pay a GPU vendor, up from under 4% two years earlier. The post’s author argues that adoption counts can mask huge differences in usage: occasional chatbot use and agents making millions of model calls a day can both count as AI adoption.
