Duolingo Stock Rises After Earnings. How AI Could Make the Language App a Powerhouse.
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Artificial intelligence took center stage in the latest earnings report from Duolingo as the language learning app continues to adopt the technology at a feverish pace. On Thursday, Duolingo posted first-quarter earnings of 72 cents a share, topping the 51 cents a share analysts expected, according to FactSet. As expected, AI featured prominently in the accompanying news release, where CEO Luis von Ahn lauded it as a critical efficiency tool.
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