Ramp has introduced AI Token Spend Management, a dashboard and control system enabling finance teams to monitor, optimize, and cap spending on AI tokens across providers—addressing a 20.7× surge in AI-related expenses since June 2025.
Ornn, backed by Andreessen Horowitz, secured $33 million in seed funding to build a marketplace where GPU compute—critical for AI workloads—can be traded like oil, signaling a shift toward financializing AI infrastructure.
In a landmark move, Apollo and Blackstone are preparing a record‑breaking $36 billion private credit facility to support Anthropic’s aggressive AI infrastructure build‑out, signaling private credit markets as the new engine of AI finance.
In the past seven days, corporate finance activity surged with $6.9 billion in debt and equity deals earmarked for AI infrastructure, signaling a major shift in enterprise capital allocation toward AI capabilities.
OpenAI has acquired AI-powered personal finance startup Hiro Finance in an acqui‑hire deal. The Hiro app will shut down on April 20, 2026, with user data export available until May 13. The move signals OpenAI’s deepening commitment to verticalized AI in high‑trust domains like personal finance.
CoreWeave has closed an $8.5 billion loan backed by AI infrastructure assets, marking a pivotal shift in financial markets from crypto mining–based financing to AI compute–driven models.
JPMorgan Chase is increasing its 2026 technology budget by nearly $2 billion to $19.8 billion, with approximately $1.2 billion earmarked for AI-driven projects spanning customer service automation, personalized client insights, and engineering tools.