.@tryramp cut their AI costs by 30% with an LLM router.
Now they're giving it away for free.
Router started as internal tooling to keep 100+ AI features at Ramp on the right model. It routes 2.75 trillion tokens a month today, and they're opening it up to outside users.
What it does:
- One endpoint for OpenAI, Anthropic, Gemini and open-source models (incl. Kimi)
- Sends every request to the cheapest model that clears a quality bar
- Tests new models on real work each week, then re-routes automatically
- Layers caching, compression and 100+ optimizations on each request
- Falls back to another model when a provider goes down or rate-limits you
Using it is a one-line change: the API is OpenAI-compatible, so you swap your base URL and you're done. Free at launch (you pay list price for tokens), and the first 500 off the waitlist get $100 in credits.
Why now? Ramp processes AI vendor payments for thousands of companies. Their data shows business token usage up 1,001% from Jan 2025 to April 2026, with spend up 497%. @chamath says AI costs at his startup 8090 more than tripled since November and could hit $10m a year.
Ramp's mission is cutting costs. First they shipped a dashboard to see AI spend. Now the router to control it.
Model providers earn more when you use more frontier intelligence. "Ramp wins when you spend less."
This is exactly how a non-AI company becomes relevant in AI.
Solve the AI jobs to be done.
It makes you more newsworthy, more investor-friendly, and more useful to the fast-growing startups Ramp covets.
And here's a lovely detail. You don't need a Ramp account to use it.
This competes with OpenRouter, but doesn't have the same margin requirements, because it's also Ramp's top of funnel into the broader spend management platform.
Smart.
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Major narrative violation: The big banks ARE doing stablecoins.
@Zelle says it is expanding to India and will launch a stablecoin later this year.
For context: Zelle is the largest P2P money transfer service in the United States, larger than Venmo or Cash App, and built by the large banks.
The parent company Early Warning is owned by seven banks: BofA, Capital One, JPMorgan Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo.
They're launching the app in India but NOT the stablecoin.
This makes sense as India represents the largest outflow of remittances from the US, flowing there.
India is, however, not particularly fond of crypto, so I'm not surprised to see Zelle being more cautious about naming the stablecoin for that corridor.
The @kontigo_app vs Checkbook & JP Morgan drama is pure 🍿.
I wanted to give it some context. Because the claim of "banking system is evil and outdated" is simply wrong and lacks context.
Here's what I think is really going on
JP Morgan closed accounts for crypto startups Kontigo and Blindpay
The information reported that the account freezes were linked to business activity in high-risk regions, including Venezuela, and to gaps in customer identity checks.
From Tradeweb: “JPMorgan acted after seeing rising disputed transactions and chargebacks tied to these accounts. The bank said the decision was based on risk controls, not opposition to stablecoins themselves.”
To understand this, there are a few things we need to unpack:
🧠 There are three players here. Checkbook, JP Morgan, and the start-ups themselves.
- JPM banks Checkbook.
- Checkbook "banks" Kontigo.
- Kontigo serves the End User.
EMVCo (the technical body behind Visa, Mastercard, Amex) is creating global standards for "agentic payments."
This is the biggest change in card payments since "tap to pay"
Here's how it works 🧵
Right now, AI agents are phenomenal at finding things to buy.
- Power users are starting to default to their research
- Can compare complex options and summarize
- And when people click through conversion is 2x to 5x higher
But...
There's no agreed way for payment to happen
- There's countless protocols
- x402 for agents accessing other tools
- ACP and A2P from Open AI and Google
- Visa and Mastercard have their own approaches