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Menlo Ventures: enterprise AI deployment spend reached $177B by September 2026

1 article1 sourcesince Nov 3Last article 1h ago · Nov 3, 4:35 PM ET

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Menlo Ventures reports that enterprise AI deployment spend rose from $33B in 2025 to $177B by September 2026, a 5.4x increase, according to a study Rohan Paul relays on X. Anthropic, OpenAI and Google took 69% of deployment dollars, and coding and chatbots made up 76% of the $77.3B application market.

The study also finds open-source models handled 19% of tokens but only 4% of spend, with Chinese models taking 89% of open-source spend. The figures come from a Menlo Ventures report titled "2026: The State of Enterprise AI," as cited by Rohan Paul; the full report was not part of the reporting reviewed.

Written by AI from the articles below · updated Nov 3, 4:37 PM ET

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Enterprise AI deployment spend reached $177B in 2026, led by agents and frontier models

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Nov 3

4:35 PM
Rohan Paul@rohanpaul_aiX
Enterprise AI deployment spend reached $177B in 2026, led by agents and frontier models
AIRohan Paul relays a Menlo Ventures study saying enterprise AI deployment spend rose from $33B in 2025 to $177B by September 2026, a 5.4x increase. Anthropic, OpenAI and Google took 69% of deployment dollars, and coding and chatbots made up 76% of the $77.3B application market. Open-source models handled 19% of tokens but only 4% of spend, and Chinese models took 89% of open-source spend.

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