# Apollo Reports AI Spending Concentration

Apollo Global Management's recent analysis reveals that the top 10% of AI customers account for nearly all spending on AI infrastructure, with **99.5% of model-serving** and **99% of neocloud expenditures** concentrated among a small group of large clients. This concentration presents a significant risk for AI infrastructure providers who depend heavily on a limited number of major customers, despite the broader adoption of AI technologies across various industries.

- **Why this matters:** Procurement professionals should recognize the market concentration risk when planning AI infrastructure acquisitions or vendor engagements, as supplier stability may be impacted by reliance on a few dominant customers.
- Organizations involved in government or public sector AI procurement may find opportunities to diversify vendor relationships or encourage broader market participation to mitigate concentration vulnerabilities.
- Contractors and vendors should evaluate their client portfolios and consider strategies to expand beyond top-tier customers to reduce exposure to spending concentration risks.
- This insight informs procurement risk assessments and contract negotiations related to AI infrastructure investments, emphasizing the need for contingency planning and supplier diversification.

**Jurisdictions:** federal
**Industries:** Information Technology
**Topics:** Artificial Intelligence
**Published:** September 28, 2026

### Vendors
- Ramp (data provider)

### Key Quotes
> AI Adoption Is Spreading. AI Spending Is Concentrating.
> — Torsten Slok, Chief Economist

### Sources
- [Apollo reports top 10% of AI customers account for nearly all spending](https://cryptobriefing.com/apollo-ai-spending-concentration-risk) - Crypto Briefing