I believed that $10-30 billion/year TAM figure is sourced from this research report: https://www.precedenceresearch.com/large-language-model-market https://www

I believed that $10-30 billion/year TAM figure is sourced from this research report: https://www.precedenceresearch.com/large-language-model-market https://www.precedenceresearch.com/large-language-model-mark... The TAM figure they arrive at is ~$36 billion by 2030. And for 2026 they claim a TAM of $10.6B OpenAI alone is rumored to be on track for $30B of revenue in 2026. Add in Anthropic, Google, Microsoft, Meta, and Chinese providers, and the revenue being generated from LLM's in 2026 is plausibly in the range of $50-100B already. Whatever your thoughts are on the cash burn to get there are irrelevant. There's at least $50B of LLM usage being paid for in 2026. 5x higher than the figure these research report companies are providing.