Where do entrepreneurs really spend their money on AI?

In order to determine which AI firms are actually making money from their ventures rather than merely driving traffic, Andreessen Horowitz published its AI Spending Report, which examined transaction patterns among the 200,000+ clients of finance startup Mercury. The specifics: Perplexity (ranked No. 12) and Merlin AI (ranked No. 30) completed the list of general assistants, with OpenAI taking the top slot and Anthropic coming in second. The list includes four vibe coding platforms: Replicate, Cursor, Lovable, and Emergent. This indicates that the trend is extending beyond consumers into the business world. With ten featured, the largest category is creative tools, which includes Canva (No. 17), Kling (No. 15), ElevenLabs (No. 5), and Freepik (No. 4). Meeting assistants, AI workers for certain activities or industries, and agentic tools were other popular categories. Although it is not surprising that ChatGPT and Claude are at the top of the chart, some of the other well-liked categories are: agentic AI platforms are beginning to spread beyond novelty and into real-world work use cases; vibe coding is evolving into much more than just a personal tool.