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Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.
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