Enterprise LLM Spend Hits $8.4B as Anthropic Tops OpenAI
Enterprise spending on large language models (LLM) has more than doubled in just six months, rising from $3.5 billion in late 2024, to $8.4 billion, according to a new report released today by Menlo Ventures. The 2025 Mid-Year LLM Market Update, based on a survey of 150 technical leaders across AI startups and large enterprises, captures a…
