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The top three labs now capture 69% of enterprise AI spend, up from 50% last year, shifting budgets toward a few vendors.
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We just dropped a 15-part comprehensive report on AI spend in the enterprise. Here are my top 3 takeaways: - Spend grew 5.4x last year to $177B, with most spend coming from existing buyers - Most dollars go to the frontier with 69% going to top 3 labs (Anthropic, OpenAI, Google) vs 50% last year - 86% of LLM API spend goes to Anthropic (55%) and OpenAI (31%) Crazy to think AI spend in our first report 3yrs ago was only $2.5B. Read the entire report here:Read original on X
Enterprise AI spend grew 5.4x as top labs gained share
Enterprise AI spend grew 5.4x as top three labs gained share
Enterprise AI spend grew 5.4x as top labs gained share
Enterprise AI spend rose 5.4x to $177 billion, favoring top labs
Enterprise AI spend grew 5.4x to $177B as top labs gained share
Enterprise AI spend hits $177B, up 5.4x, as top labs gain share
Enterprise AI spend grew 5.4x to $177B as top labs gained share
Enterprise AI spend grew 5.4x to $177B as top labs gained share
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