SaaSletter - "State of AI" Reports From Battery Ventures + OpenAI
Plus Cloud Ratings B2B AI Interest Index for November 2025
Battery Ventures “State of AI”
Battery Ventures (h/t Dharmesh Thakker, Danel Dayan + co recently released their “State of AI” report (36 slides here).
Beyond strong core “State of _” type slides like this example:
… the report included important Battery frameworks for the impact of AI on business + financial models. For our newsletter audience, especially these pre → post AI GTM metrics:
AE Quota: $1.0-$1.2m → $1.2m-$1.5m
Conversion Rates: 20%-30% → 40%-50%
Attainment: 70% → 80%
November 2025 B2B AI Interest Index from Cloud Ratings
We’ve updated our Cloud Ratings B2B AI Interest Index through November 2025 - full slides below:
Thematic Category Interest (n = 47 sub-categories tracked - i.e. “manufacturing AI” or “supply chain AI”) registered a notable decline. Note: holiday seasonality might be at play throughout this month’s report.
Bellwether Microsoft Copilot continued its broad acceleration. Other “Blue Chips” (i.e., Hubspot, ServiceNow) registered a poor November.
SaaS Incumbents (n=340: the same 340 vendors tracked in our top-of-the-funnel focused, forward-looking SaaS Demand Index) registered a poor November, especially relative to a tough October comp. That said, the n=340 Incumbent trendline remains overall positive for 2H 2026.
Bonus Coverage: OpenAI “The State of Enterprise AI”
OpenAI released their own “The State of Enterprise AI” (24 pages). These excerpts should speak for themselves + pique your interest in the full report.
The strong growth across Healthcare, Manufacturing, and Finance could serve as a counterargument to AI as being overly dependent on Technology sector adoption.
About Cloud Ratings
In mid-2024, we announced a research partnership with G2 - more here:
with this slide showing how our G2-enhanced Quadrants (like our recent Sales Compensation Software) release, this business of software newsletter you are reading, our podcasts, and our True ROI practice area all fit within our modern analyst firm:
Well done as always Matt