Jev Grabs 1 Percentage Point of AI Market in One Month

Jev captured 1 percentage point of the AI market in one month as corporate spending splits between budget models and high-cost generative tools. Data from Ramp shows that new, cheaper models and routers are driving costs down, while increased use of expensive image and video generation models from vendors like Higgsfield and Runway is pushing expenditures upward. Nearly 8% of firms switched their primary AI model in September.