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Menlo Ventures Report: Chinese AI Models Account for 89% of Global Enterprise Spending on Open-Source Models…

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The Menlo Ventures report shows that Chinese AI models account for 89% of global enterprise spending on open-source models. Among them, Moonshot AI's Kimi ranks first with a 61% share, DeepSeek ranks second with 15%, and Zhipu GLM ranks third with 11%. Among Western models, the Meta Llama series has the highest share at only 7%.

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The Menlo Ventures report provides the share distribution of Chinese open-source models in enterprise spending, which can be compared against the commercialization position of each model.

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