Chinese Models Led by Kimi Capture 89% of Enterprise Open-Source AI Spending

A report from Menlo Ventures found that Chinese AI systems, dominated by Moonshot AI's Kimi family, capture 89 percent of global enterprise spending on open-source models. In contrast, Western models such as Meta's Llama series accounted for only seven percent of open-source enterprise outlays. Despite the strong share in the category, open-source models as a whole still represent just four percent of total enterprise AI spending.