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User spending goes up by more than 4000% on AI-powered apps

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Given the rising interest in generative AI tools like text-based ChatGPT and image-based Midjourney, AI-powered apps are growing in numbers and popularity in both app stores.

A report by analytics firm Apptopia suggests that 158 AI Chatbot apps — with the description having keywords like “AI Chat” or “AI Chatbot” — hit the app stores in the first quarter of this year. That’s a 1480% increase year-over-year, mostly thanks to OpenAI publicly releasing ChatGPT API in March.

Read more about this at: techcrunch

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Andrew Sabastian is a tech whiz who is obsessed with everything technology. Basically, he's a software and tech mastermind who likes to feed readers gritty tech news to keep their techie intellects nourished.