{"id":89968,"date":"2024-11-21T00:13:07","date_gmt":"2024-11-21T05:13:07","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89968"},"modified":"2024-11-21T02:20:04","modified_gmt":"2024-11-21T07:20:04","slug":"business-spending-on-ai-surged-500-this-year-to-13-8-billion-says-menlo-ventures","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2024\/business-spending-on-ai-surged-500-this-year-to-13-8-billion-says-menlo-ventures.html","title":{"rendered":"Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures"},"content":{"rendered":"\n<p>*CNBC) Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining from 50% to 34%. Anthropic doubled its market share from 12% to 24%.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/20\/business-spending-on-ai-surged-500percent-this-year-to-13point8-billion-says-menlo-ventures.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>*CNBC) Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89968","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89968"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89968\/revisions"}],"predecessor-version":[{"id":89969,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89968\/revisions\/89969"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}