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Checked fact 493114 Nov 2026Money and compute

Menlo Ventures' report "2026: The State of Enterprise AI", dated 3 November 2026, puts coding spend at $34.0 billion, up 7.7x

The exact words it rests on

November 3, 2026 ... coding ($34.0B, up 7.7x) and enterprise AI chatbots ($25.0B, up 3.0x)

What the source said when we opened it, on 13 Nov 2026.

The source

2026: The State of Enterprise AI
Menlo Ventures · 2026-11-03

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In the story

Menlo Ventures estimates 2026 enterprise AI coding spend at $34.0 billion 14 Nov 2026

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