AI Apps Saw Over $1 Billion In Consumer Spending In 2024

Consumer spending on apps is projected to reach $150 billion globally in 2024, up 13% from the prior year. According to Sensor Tower's annual "State of Mobile" report, it's being fueled by a 200% surge in spending on generative AI apps like ChatGPT and Gemini, which collectively drew $1.1 billion. TechCrunch reports: If this rate of growth is sustained, this category of apps could move into the top 10 by consumer spending within a year, the firm notes. Though the release of new AI models, like O