Menlo ventures report shows AI agents now dominate enterprise usage, driving spending surge

Menlo Ventures' latest State of Enterprise AI report indicates a massive escalation in corporate investment in artificial intelligence, with spending climbing to $177 billion from $33 billion in 2025. Partner Deedy Das noted that the shift in enterprise adoption is marked by AI agents now constituting 80% of usage. This trend signifies businesses moving past simple chatbot applications toward deploying autonomous systems capable of handling intricate tasks. Furthermore, Das highlighted the current market leadership, pointing out the significant dominance held by Anthropic and OpenAI within the realm of enterprise API expenditures. These findings were discussed by Das during an appearance with Carol Massar on Bloomberg Tech.