Chinese models capture 89% of enterprise open-source LLM spend, Kimi leads at 61%

pstAsiatech · x · 2026-11-09

A new Menlo Ventures report finds Chinese AI models account for 89% of global enterprise spending on open-source models: Moonshot AI's Kimi leads with a 61% share, followed by DeepSeek at 15% and Z.ai's GLM series at 11%. Meta's Llama, the top Western offering, holds just 7%.

The report notes open-source remains a small slice overall — proprietary US models still capture the vast majority of total enterprise AI revenue.

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