Ramp’s valuation is almost catching up to half of Coinbase’s. AI Token expense management sounds like putting a brake pad on the LLM era of reckless money burning—so the endgame of enterprise Fintech is indeed helping bosses save money.

Ramp announces completion of $750 million Series F funding, with a post-money valuation of $44 billion. Leading investors include Iconiq, GIC, and Ontario Teachers' Pension Plan, with participation from Goldman Sachs Alternatives, D.E. Shaw, Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, and others. The company will expand its AI cost management business and launch an AI Token expenditure management tool to help enterprises monitor and control large model and AI service expenses.