AI’s new power brokers: Ramp’s chief economist and the 24-yr-old taking on Big AI

AI Summary

The CNBC live stream on March 12th, hosted by Delia Drabosa, delves into significant shifts within the enterprise AI market. Ara Karazzian, Ramp's chief economist, highlights that Anthropic has surpassed OpenAI in enterprise subscription spend, according to Ramp's AI Index. This surge, seeing one in four businesses now using Claude compared to one in 25 a year ago, was unexpectedly fueled by the Trump administration's blacklisting of Anthropic for refusing mass surveillance use by the Pentagon, which inadvertently boosted its brand. Karazzian notes that despite Anthropic models being more expensive and having usage limits, engineers show a strong preference for them, indicating genuine demand. OpenAI, in contrast, experienced its worst month in the index, primarily due to new businesses opting for Anthropic. The second segment features Karina Hong, the 24-year-old founder of Axiom, an AI company specializing in mathematical reasoning. Axiom recently secured $200 million in Series A funding, valuing the startup at $1.6 billion, with half its founding team originating from Meta's dismantled AI research lab. Hong explains that Axiom's technology, utilizing formal verification, ensures the correctness of AI-generated code, addressing a critical need for reliability in complex systems where errors are costly. She asserts that mastering AI for math can unlock advancements in fields such as drug discovery and chip design, and Axiom aims to develop tools for robust proof validation and manipulation, with a philosophy that partly embraces open-sourcing its findings.

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