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Menlo Ventures: business spending on generative AI hit $37B in 2025, up from $11.5B in 2024; Anthropic's share of enterprise LLM spend grew from 24% to 40% YoY (Menlo Ventures)

Menlo Ventures:
Menlo Ventures: business spending on generative AI hit $37B in 2025, up from $11.5B in 2024; Anthropic's share of enterprise LLM spend grew from 24% to 40% YoY  —  AI Boom vs. Bubble  —  For all the fears of over-investment, AI is spreading across enterprises at a pace with no precedent in modern software history.



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