Ara Kharazian

Or bad?

Why?

Well, you can also access ramp data now through the Cloud Connector and through OpenAI.

Oh, yeah?

To be clear, that is, it's the same data that we publish on our website.

It's aggregated and anonymized, but it allows you to pull in that data and build your own analyses or get a recommendation for your own business about, hey, what should I buy?

What are other firms like me buying?

Something like that.

Um, is it good for a business like Refinitiv or is it good for the data selling businesses?

I don't know.

I mean, I think they kind of have to do it, right?

I will say from my perspective, I don't, we don't, Ramp doesn't sell data, so it's all available for free.

So we want people to use it and we're in that business.

I would be happy if a lot of data aggregators lost market share because of both the free data that Rant provides and then the ease of access that Anthropic provides to produce data.

No shade necessarily to all data aggregators, but I think a lot of that market is unfortunately behind closed doors.

The methodologies are not always clear.

And in general, I think information is better when more firms and consumers have access to it.

But decision-making tends to be better.

And so is it good for the businesses that sell data?

Probably not, but it is better for the market overall, I think.