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State of AI in 2025

Near-universal adoption, concentrated value. Organizational AI use reached 88%, enterprise generative-AI spend tripled to $37 billion, and AI captured 61% of global venture capital — yet only ~6% of firms qualified as high performers. Every figure is linked to its primary source and dated.

By The AI Index · Updated Jun 20, 2026 · 7 min read · 10 sourced figures

Adoption — the curve flattens near the top

McKinsey’s November 2025 State of AI survey found 88% of organizations now use AI in at least one business function, up from 78% a year earlier. 23% of organizations have moved an agentic AI system into scaled production, with another 39% experimenting. Yet the EBIT-impact figure barely moved — only 39% of organizations attribute any EBIT impact to AI, and only about 6% qualify as “AI high performers,” the small group that redesigns workflows around AI rather than bolting it on (McKinsey).

Metric	Share of orgs
Using AI	88%
EBIT impact	39%
Scaling agentic	23%
High performers	~6%

Enterprise spending tripled

Menlo Ventures’ 2025 State of Generative AI in the Enterprise reported enterprise GenAI spend of $37 billion, roughly 3.2× the $11.5 billion spent in 2024, split roughly $19B applications / $18B infrastructure. Coding dominated departmental application spend at ~55% (~$4 billion), a category in which Anthropic took 54% market share vs. OpenAI’s 21%. The broader enterprise LLM API share also flipped: Anthropic 40% / OpenAI 27% / Google 21%, with the top three accounting for ~88% of usage (Menlo Ventures).

A record year for AI capital

2025 was the biggest venture year on record — and AI drove almost all of the growth. The OECD reports that AI firms took 61% of global VC in 2025 ($258.7 billion of $427.1 billion), more than double their 30% share in 2022 (OECD). KPMG’s Venture Pulse put total global VC above $500 billion for the year, with Q4’25 hitting $138 billion — the highest quarterly total in 14 quarters (KPMG). OpenAI closed 2025 at a $500B valuation; Anthropic at $183B.

Infrastructure became the bottleneck

The compute build-out moved from “strategic priority” to physical constraint. IDC reported AI infrastructure spending of roughly $90 billion in Q4 2025 alone, forecasting $487B for full-year 2026 and exceeding $1 trillion by 2029 (IDC). Hyperscaler capex commitments for 2026 alone topped $600 billion.

“Near-universal adoption, concentrated value — the defining tension of 2025 was the gap between switching AI on and turning it into profit.”

The numbers in full

Indicator	2025	Source
Organizations using AI (≥1 function)	88%	McKinsey
Organizations scaling agentic AI	23%	McKinsey
Attributing EBIT impact to AI	39%	McKinsey
Enterprise generative-AI spend	$37B (3.2×)	Menlo Ventures
Anthropic / OpenAI / Google LLM share	40% / 27% / 21%	Menlo Ventures
AI share of global venture capital	61% ($258.7B)	OECD
AI infrastructure spend (Q4 2025)	~$90B	IDC

Figures reflect each source’s latest 2025/early-2026 release. See sources below.

Frequently asked

How many organizations used AI in 2025?

88% of organizations used AI in at least one function by late 2025, up from 78% a year earlier. (McKinsey)

How much did enterprises spend on generative AI in 2025?

About $37 billion — roughly 3.2× the 2024 figure — according to Menlo Ventures’ 2025 State of Generative AI in the Enterprise. (Menlo Ventures)

How much went into AI venture funding in 2025?

AI firms took 61% of global venture capital in 2025 — about $258.7 billion of $427.1 billion deployed — per the OECD. KPMG put total global VC above $500 billion for the year. (OECD / KPMG)

Did 2025 actually generate ROI?

For most organizations, not yet. Only 39% reported any EBIT impact from AI, and only about 6% qualified as “AI high performers” — the gap between adoption and realized value was the defining tension of the year. (McKinsey)

Related years: 2022 · 2023 · 2024 · Full timeline 2022–2026