OpenAI Adoption Report Keeps Us Bullish on 3 Holdings

There has been much asked and said about AI adoption in enterprise, and to that we can add OpenAI’s “The State of Enterprise AI” 2025 report that was just published.

This comes ahead of Oracle’s (ORCL) earnings later this week, which should shed some light on the roughly $300 billion multi-year cloud computing deal the two have. The main point of OpenAI’s report, which should not surprise anyone, is that enterprise adoption of AI is accelerating as measurable productivity gains are achieved. We see this as supportive of multiple Portfolio holdings, especially ServiceNow (NOW) , Palantir (PLTR) and Microsoft (MSFT) . While public safety was not discussed, we see AI adoption in that sector benefiting Axon (AXON) .

OpenAI’s State of the Enterprise AI Findings

Last week, comments from Salesforce (CRM) and Amazon (AMZN) signaled that, after sampling AI, enterprise customers are looking for measured productivity gains and other synergies. It would seem OpenAI heard those comments, as it wrote the following to set the stage for what it would share:

"…the history of general purpose technologies — from steam engines to semiconductors — shows that significant economic value is created after firms translate underlying capabilities into scaled use cases. Enterprise AI now appears to be entering this phase …"

With that setup out of the way, here is what OpenAI shared:

"ChatGPT message volume grew 8x and API reasoning token consumption per organization increased 320x year-over-year, demonstrating that more enterprises are using AI and their intensity of usage has increased.

"Seventy-five percent of surveyed workers report that using AI at work has improved either the speed or quality of their output. On average, ChatGPT Enterprise users attribute 40–60 minutes of time saved per active day to their use of AI, with data science, engineering, and communications workers saving more than average (60–80 minutes per day). Time saved per message varies by function: accounting and finance users report the largest benefits followed by analytics, communications, and engineering.

"Over the past six months, international adoption has surged as organizations worldwide deepen their use of AI, complementing continued strong momentum in the U.S. In the past 12 months, the median sector grew by more than 6x, with the technology sector leading the pack at 11x."

In terms of where that adoption is occurring:

The report goes on to share several case studies that showcase the benefits of AI adoption across Lowe’s (LOW) , Indeed, Banco Bilbao Vizcaya Argentaria SA (BBVA), Moderna (MRNA) and a few others. As you can imagine, the learnings shared are favorable and speak to the findings shared above. While we may not be conspiracy theorists, we recognize the perspective of those penning the report and its findings.

But it’s Not Just OpenAI

We are seeing other partnerships form with the intent to accelerate AI adoption in the enterprise. Case in point, on Tuesday morning, Accenture (ACN) and Anthropic announced a new step in their partnership that will see around 30,000 of Accenture’s consultants trained on Anthropic’s Claude model. This follows Anthropic’s expanded relationship with Snowflake (SNOW) , where the two aim to deliver an operational “control plane” that uses Anthropic’s latest Claude model to power enterprise intelligence.

And, as we mentioned Accenture, we should also point out that last week it announced a similar relationship with OpenAI. Our take on that is Accenture is not aiming to determine which AI model its clients should use, but rather how to work in their chosen environments to win business.

The Bottom Line

Whether it's from OpenAI’s findings above or the signals we share with you, it’s pretty clear that AI adoption is rising, and as tangible benefits are recognized, usage is rising as well.

That keeps us bullish on Palantir, ServiceNow and Microsoft shares. As that adoption and usage continue, it will drive the need for additional data center capacity, especially if consumer AI adoption jumps next year, as some suspect it could.

We see that as a very nice multi-year tailwind for various aspects of digital infrastructure, networking, and power capacity captured in our Nvidia (NVDA) , Marvell (MRVL) , Arista Networks (ANET) , Eaton (ETN) and other holdings.

We will continue to track AI adoption and usage metrics, and we will continue to watch for signs that the rate of incremental adoption and usage growth is slowing. As of now, it appears that it is still quite a bit away. That said, as we move toward the end of 2025, odds are there will be similar AI reports from others, and as we dig into them, we’ll share what we find with you.

More Pro Portfolio

At the time of publication, TheStreet Pro Portfolio was long NOW, PLTR, MSFT, AXON, AMZN, NVDA, MRVL, ANET and ETN.