Menlo Ventures report: enterprises spent 4.7x planned AI budget as heavy agent users drive surge
rohanpaul_ai · x · 2026-11-05
A Menlo Ventures report shows enterprises badly underestimated AI's appetite: companies averaged 4.7x their planned 2025 AI spend (vs 1.9x planned), while the median only overshot modestly at 2.2x vs 1.8x planned. The gap indicates a small group of heavy agent users is driving most of the spending surge.
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