Reported about 4 hours ago
Duolingo's recent strategy to integrate AI features, such as video calls with animated characters, aimed at attracting English learners, has resulted in a significant increase in paid subscribers but also led to a drop in gross margins and a steep decline in share prices. Despite this short-term pain, analysts believe the investments position Duolingo for long-term success, highlighting that its AI-focused offerings helped boost its subscriber base by 51% to over 40 million.
Source: YAHOO