According to a Menlo Ventures report, enterprises have spent $176.8 billion on AI services year to date, 5.4 times the $33 billion spent through 2025. About 69% of that revenue went to Anthropic, Google and OpenAI, based on a survey of roughly 400 US enterprise decision-makers. The share of companies using AI rose from 55% to 65%, and the report attributes the sharp rise in spending largely to AI agents running longer and more complex tasks. Agents account for 80% of all AI tokens generated, roughly 7 times that of humans, based on OpenRouter data. So far in 2026, coding accounts for 44% of enterprise AI spending and chatbots 32%, while healthcare takes 5% and customer success 3%.
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artificial intelligencebusinessesAnthropicGOOGLMSFTNVDA
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $3.5T |
| Close on 11/02/2026 | 278.99 |
| Change that session | -0.30% |
MSFT
▲ Likely positiveMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 11/02/2026 | 507.12 |
| Change that session | -2.83% |
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/02/2026 | 202.06 |
| Change that session | -1.26% |
AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 11/02/2026 | 245.63 |
| Change that session | +2.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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