Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year.

The drama started around January 20 when Chinese AI startup DeepSeek announced R1, a new simulated reasoning (SR) model that ...

U.S. tech stocks are plummeting following global interest in DeepSeek, a Chinese AI chatbot that is reportedly far cheaper to ...

Higher spending growth rates propelled by apps like ChatGPT and Google Gemini could catapult the category into the top 10 within a year.

Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the web ...

This led to an over 200% increase year-over-year in consumer spending in AI apps like ChatGPT, Gemini, ByteDance's Doubao, and others, bringing the total spent in the category to nearly $1.1 ...