DeepSeek ranked first for breakout SaaS growth on Ramp in May 2026

TL;DR: Ramp said in its June 2026 report covering May 2026 spending that DeepSeek ranked first among SaaS vendors for breakout growth relative to size across Ramp customers in the United States.

Ramp said in its June 2026 series covering May 2026 that DeepSeek, a Chinese AI company, ranked first among SaaS vendors for breakout growth relative to size across Ramp customers. The 9to5Mac report published on June 4, 2026 said U.S. firms were adopting DeepSeek as a lower-cost alternative to Anthropic and OpenAI.

The source names Anthropic and OpenAI as the higher-cost alternatives that some U.S. firms may be replacing with DeepSeek. The source does not provide Ramp customer counts, spending totals, pricing figures, or a percentage growth rate for DeepSeek.

9to5Mac framed the development as a security issue and said the security implications were concerning. The excerpt provided does not include specific allegations, incidents, regulatory actions, or technical findings related to DeepSeek in this report.

Related questions

• What did Ramp say about DeepSeek in its June 2026 SaaS report?
• Which AI companies did the source compare with DeepSeek?
• What details were not provided about DeepSeek's growth among Ramp customers?