Gate Global Tech, the news service of the crypto exchange Gate, wrote on 6 November about Menlo Ventures’ 2026 report on how companies use AI. The figures are as summarised by Gate, which does not link to the original report. Gate itself notes that information on its pages may come from third parties.

The report is based on a survey of nearly 400 AI business leaders at US companies, Gate reported. Their organisations’ AI spending totalled more than $4 billion.

The summary at the top of Gate’s article links the figure of more than $4 billion to spending on Chinese models. The main text of the article, however, says the sum is the respondents’ total AI spending, not money spent on open-weight models.

The percentages are shares of the companies’ spending on open-weight models: models whose weights, the parameters learned in training, users can download and run themselves. Gate calls them open-source models. The shares therefore do not describe the companies’ total AI spending.

The table shows the share for each model as reported by Gate. Meta’s Llama was the largest of the Western models.

Source: Gate Global Tech, 6 November 2026, citing Menlo Ventures’ survey report; shares of US companies’ spending on open-weight models.

The figures describe how respondents spent money, not how the models perform. The shares of the four Chinese models add up to 90 per cent, which differs from the overall share of 89 per cent. Gate does not explain the difference.

The metric also varies within Gate’s article. The summary calls Kimi’s 61 per cent a share of adoption; the main text calls it a share of spending.