New data shows consumer AI app growth has flatlined as generative AI struggles to find its true form outside of the enterprise.

The Gist

Consumer AI growth slows. Chatbot daily active user growth has flattened even as enterprise AI adoption accelerates.

Enterprise AI spending surges. Cloud and AI infrastructure providers continue posting massive growth tied to enterprise demand.

Consumer use cases remain elusive. Beyond ChatGPT, AI still lacks mainstream consumer breakout applications with lasting engagement.

Late last month, the market erupted after OpenAI’s disappointing revenue numbers came to light in the Wall Street Journal.…