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November 20, 2024

Enterprise Generative AI (GenAI) Spending Worldwide, by Category, 2023 & 2024 (billions)

Enterprise Generative AI (GenAI) Spending Worldwide, by Category, 2023 & 2024 (billions)

Methodology

Data is from the November 2024 Menlo Ventures report titled "2024: The State of Generative AI in the Enterprise" as cited in company blog. 600 US IT decision-makers at enterprises with 50+ employees were surveyed during September 24-October 8, 2024. Menlo Ventures is an early-stage venture capital firm.

Featured In

DeepSeek’s disruption: How a Chinese startup is redefining AI’s efficiency and cost DeepSeek slashes AI costs, accelerates R2 launch

Sources

Menlo Ventures

Chart Title

Enterprise Generative AI (GenAI) Spending Worldwide, by Category, 2023 & 2024 (billions)

Publication Date

November 20, 2024

Sources

Menlo Ventures

Featured In

DeepSeek’s disruption: How a Chinese startup is redefining AI’s efficiency and cost DeepSeek slashes AI costs, accelerates R2 launch
Topics
Artificial Intelligence (AI)
Worldwide