VCs predict strong enterprise AI adoption next year — again

It’s been three years since OpenAI released ChatGPT and kicked off a surge in innovation and attention on AI. Since then, optimists have regularly claimed that AI will become a critical part of the enterprise software industry, and so enterprise AI startups mushroomed on the back of immense amounts of investment.

But enterprises are still struggling to see the benefit of adopting these new AI tools. An MIT survey in August found that 95% of enterprises weren’t getting a meaningful return on their investments in AI.