Menlo Ventures: 89% of Global Enterprise Open-Source AI Spend Flows to Chinese Vendors
A Menlo Ventures report found that 89% of global enterprise spending on open-source AI models now flows to Chinese vendors, the South China Morning Post reported November 6 and Chinese media amplified November 8. By paid share, Moonshot AI's Kimi leads with 61%, followed by DeepSeek at 15% and Zhipu's GLM at 11%, while the West's highest, Meta's Llama, holds just 7%. The data reflects actual enterprise outlays rather than downloads. Separately, Bloomberg reported DeepSeek's open-source agent app Harness reached 1.54 million daily active users as of November 4, less than three months after launch, signaling Chinese open models are winning not only on price but on paid adoption.
Source: Menlo Ventures / South China Morning Post, Nov 6-8, 2026 | 2026-11-08
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