The primary application of AI this year has been in coding, with 51% of users employing it for this purpose, followed by 31% using it for chatbots and 21% for copywriting.

There has been a notable shift in the belief that foundational LLMs require fine-tuning for specific use cases; these models have demonstrated effectiveness across various applications without extensive modifications.

Google's Gemini has seen its market share rise from 7% in 2023 to 12% in 2024, while Anthropic's Claude has surged from 12% to 24% during the same period.

The diversification of LLM providers is likely to foster innovation and mitigate risks associated with having a single dominant player, such as potential misuse and price increases.

In 2024, AI spending skyrocketed to $13.8 billion, marking a sixfold increase from $2.3 billion in the previous year.

The competitive landscape of large language models (LLMs) is rapidly evolving, with OpenAI still leading but facing stiff competition from Google, Meta, and Anthropic, which was founded by former OpenAI employees.

Despite remaining the most popular LLM globally, ChatGPT's market share has decreased significantly from 50% in 2023 to 34% in 2024, according to a report by Menlo Ventures.

Meta's Llama series has maintained a stable market share of 16% throughout this competitive landscape.