RAMP EXPANDS INTO AI EXPENSE MANAGEMENT WITH ROUTER

Summary from the TLDR Fintech newsletter

Ramp is extending its expense-management platform into AI cost control with Router, a tool that directs workloads across models based on factors such as price, latency, and benchmark performance while giving finance teams visibility into token spend and the rationale behind each routing decision. Ramp sees AI usage becoming a standard corporate expense category, with companies increasingly applying the same budgeting, controls, and ROI discipline to model spend that they already use for travel, software, and other operating costs.