Menlo Ventures Releases 'State of Enterprise AI 2026' Report

On November 3, Silicon Valley venture capital firm Menlo Ventures released its *State of Enterprise AI 2026* report. The report surveyed nearly 400 U.S. enterprise decision-makers responsible for more than $4 billion in AI spending. The report shows that Chinese models collectively account for 89% of enterprise spending on open-source models. Moonshot AI leads with 61% market share, followed by DeepSeek at 15%, GLM at 11%, and Qwen at 3%. Open-source models are gaining increasing adoption, with enterprise budgets flowing primarily toward more capable flagship models. The ability to complete complex tasks influences purchasing decisions more than price advantages. <a class="wx_topic_link" topic-id="mw3jnswq-zyov7e" style="color: #576B95 !important;" data-topic="1" data-recommend="">#Technology</a> <a class="wx_topic_link" topic-id="mw3jnu8q-42idqp" style="color: #576B95 !important;" data-topic="1" data-recommend="">#AI</a>

On November 3, Silicon Valley-based venture firm Menlo Ventures released its 2026 State of Enterprise AI report. The study surveyed nearly 400 U.S. enterprise decision-makers responsible for more than $4 billion in AI spending.

The report shows that Chinese models collectively account for 89% of enterprise open-source model spending. Moonshot AI leads with 61% market share, followed by DeepSeek at 15%, GLM at 11%, and Qwen at 3%.

Open-source models are seeing increased adoption, with enterprise budgets flowing primarily toward more capable flagship models. When it comes to purchasing decisions, the ability to complete complex tasks outweighs price advantages.

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