72% Say Enterprise GenAI Spending Going Up in 2025, Study Finds
Enterprise adoption of large language models (LLMs) is surging. According to Gartner, more than 80% of enterprises will have deployed generative AI (GenAI) applications or used GenAI APIs by 2026, up from just 5% in 2023. That stark increase paints a telling picture: LLMs have evolved from a fringe technology to a cornerstone of business development and productivity. But as with any new technology, competition is fierce.