Ramp launches its own AI model router, called Router

Ramp, a corporate expense management platform, has launched its own AI model router named Router. This initiative follows in the footsteps of Stripe, aiming to establish a testing ground for AI inference. If Router proves successful, it could enable Ramp to forge lasting relationships with AI labs and inference providers globally. This strategy could help Ramp, which secured $750 million at a $44 billion valuation in June, attract new customers and create a new avenue for selling its expense management products.