Understand this story
Menlo Ventures released the "2026 State of Enterprise AI Report." The report shows that enterprise AI deployment spending rose from $33 billion to $177 billion in 2026; among enterprise spending on open-source models, Chinese models together accounted for 89%, of which Kimi accounted for 61%, DeepSeek 15%, GLM 11%, and Qwen 3%, while Meta's Llama accounted for only 7%. The report also shows that the spending share of frontier flagship models rose from 35% to 63%, with Anthropic and OpenAI together capturing 86% of enterprise LLM API spending; the token share of open-source models rose from 11% to 19%, but their spending share fell from 6% to 4%.
AI-generated from public reports
Latest update · Discussion
Phoenix Technology joined this discussionDevelopments
1 confirmed developments
Menlo Ventures Releases "2026 State of Enterprise AI Report"
Source:36Kr · AI
Reports and discussion timeline
Browse reports and discussion by time. Their evidence levels remain distinct.
Nov 8
Phoenix TechnologyRelated discussion
Phoenix Technology joined this discussion
This post contributes to heat; it is not a formal report or confirmed fact.
English text is being prepared.
Menlo Ventures Report: Chinese AI Models Account for 89% of Global Enterprise Spending on Open-Source Models…
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%.
IT Home · AIRelated discussion
IT Home · AI joined this discussion
This post contributes to heat; it is not a formal report or confirmed fact.
Phoenix Technology
Menlo Ventures Report: Chinese AI Models Account for 89% of Global Enterprise Open-Source Model Spending; Kimi, DeepSeek, and GLM Rank in the Top Three
The Menlo Ventures report shows that Chinese AI models account for 89% of global enterprise open-source model spending. Among them, Moonshot AI's Kimi leads with a 61% share, DeepSeek ranks second with 15%, and Zhipu's GLM ranks third with 11%. Among Western models, the Meta Llama series has the highest share at only 7%.
Nov 6
36Kr · AI
Menlo Ventures report: 89% of US enterprise spending on open-source models goes to Chinese models, with Kimi accounting for 61%
The "2026 State of Enterprise AI" report released by Menlo Ventures on November 3, based on a survey of nearly 400 heads of AI business at US enterprises, shows that 89% of US enterprise spending on open-source large models goes to Chinese models, of which Moonshot AI's Kimi accounts for 61%, DeepSeek 15%, Zhipu GLM 11%, and Qwen 3%, while Meta Llama accounts for only 7%. The report also notes that the average token price of open-source models fell from $0.45 per million to $0.13, usage rose 22.5-fold, and open-source models account for 19% of total platform tokens but only 4% of enterprise model spending. Data from OpenRouter for October 26 to November 1 shows that DeepSeek ranks first with a 29.8% share of text requests, and the token usage volume of Chinese models has exceeded that of US models for 27 consecutive weeks.
36Kr · AISelected
Menlo Ventures Report: 89% of Enterprise Open Source Model Spending Goes to Chinese Models, Kimi Accounts for 61%
The "2026 State of Enterprise AI Report" released by Menlo Ventures shows that enterprise AI deployment spending rose from $33 billion to $177 billion in 2026. Among enterprise open source model spending, Chinese models together account for 89%, including Kimi at 61%, DeepSeek at 15%, GLM at 11%, and Qwen at 3%, while Meta's Llama accounts for only 7%. The report also shows that the spending share of frontier flagship models rose from 35% to 63%, with Anthropic and OpenAI together capturing 86% of enterprise LLM API spending; the open source model token share rose from 11% to 19%, but its spending share fell from 6% to 4%.
Phoenix Technology
Menlo Ventures Report: 89% of US Enterprise Spending on Open-Source Models Goes to Chinese Models
The "2026 State of Enterprise AI Report" released by Menlo Ventures on November 3 shows that Chinese models account for 89% of US enterprise spending on open-source AI models, with Kimi leading at a 61% share, while DeepSeek, Zhipu GLM, and Tongyi Qianwen hold 15%, 11%, and 3% respectively, and Meta's Llama accounts for only 7%. The report is based on a September survey of 400 US enterprise decision-makers, who are responsible for a total of more than $4 billion in AI spending. The report also notes that the average Token price for open-source models has fallen to about $0.13 per million Tokens, compared with about $0.70 for closed-source models; on the OpenRouter platform, agents already contribute 80% of Token usage.
Heat trend for this story
- Current
- 21
- Period peak
- 23 Nov 8 15:00
- 24-hour change
- +58%
Move the pointer or select the chart to inspect hourly heat. Use the left and right arrow keys with a keyboard.