A report from Menlo Ventures indicates that Chinese open-source AI models have captured 89% of global enterprise spending on open-weight systems. Moonshot AI's Kimi model leads this market, accounting for 61% of the spending. Other significant contributors include DeepSeek at 15%, GLM at 11%, and Qwen at 3%. Meta's Llama was the top Western open-weight model, capturing 7% of the market, as prices for these models have decreased to $0.13 per million tokens. AI
IMPACT Chinese AI models are capturing a significant majority of the enterprise spending on open-weight systems, indicating a shift in the global AI landscape.
RANK_REASON Report on market share and spending in the AI sector. [lever_c_demoted from significant: ic=1 ai=0.7]
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