Companies Are Spending 5x More on AI Now

Companies are spending nearly five times more on AI than last year, and agents are driving the surge. NLW breaks down Menlo Ventures’ latest enterprise AI report, exploring why spending is blowing past budgets, how Anthropic and OpenAI are capturing the market, and what the shift from seats to tokens means for businesses. In the headlines: a massive market selloff, uncertainty around Anthropic’s IPO, and METR’s report on AI accelerating AI research.

Check out How We Got Here Ep. 2 - How We Made the Wrong Things Cheap

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