Elon Musk’s plan to reduce X’s dependence on advertising revenue by increasing paid subscriptions is still not taking off. According to a new, third-party analysis of the X Premium subscription service by app intelligence firm Appfigures, X has pulled in approximately $ 200 million in in-app purchase revenue across iOS and Android since the original […]
Huge Amount Of Revenue K-Pop Idols Could Lose Because Of AI
Technology is always advancing, and it’s the same in K-Pop, but it has caused some concerns. Recently, the popularity of AI-generated song covers has exploded, with covers garnering thousands of views because of the AI-generated voices of each of the artists seeming like they really did the covers themselves. K-Pop idols are extremely aware of […]
Anthropic’s Claude surpasses $1M in mobile app revenue
It’s taken 16 weeks to get there, but Anthropic’s AI app Claude has hit a notable milestone: It crossed $ 1 million in gross mobile app revenue across iOS and Android. Nearly half of that revenue has been generated by users in the U.S., according to new data from app intelligence firm Appfigures. However, Claude […]
Cloud infrastructure revenue approached $80 billion this quarter
The cloud infrastructure market has put the doldrums of 2023 firmly behind it with another big quarter. Revenue continues to grow at a brisk pace, fueled by interest in AI. Synergy Research reports revenue totaled $ 79 billion for the quarter, up $ 14.1 billion or 22% from last year. This marked the third consecutive […]
Paytm loss widens and revenue shrinks following regulatory clampdown
Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit. The Noida-headquartered firm’s loss more than doubled to $ 100 million in the quarter ending June, it disclosed Friday. […]