Ramp hits $44 billion valuation as companies look to rein in AI spending
Corporate America is trying to figure out how to rein in rising artificial intelligence spending. That’s helping payment software giant Ramp. The spend-management company announced a $750 million funding round at a $44 billion valuation on Thursday. The round was led by ICONIQ, GIC and Ontario Teachers’ Pension Plan, and marks a roughly 38% step … Read more