Generative AI Spending Surges 500%
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enterprise investmentCNBC
•Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
75% Informative
Business spending on generative AI surged 500% this year , up from $2.3 billion in 2023 to $13.8 billion .
OpenAI ceded market share in enterprise AI , declining from 50% to 34% .
Anthropic doubled its market share from 12% to 24% in a survey of 600 IT decision-makers.
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