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The Backlash Against Duolingo Going 'AI-First' Didn't Even Matter
Duolingo's decision to go "AI-first" sparked backlash from users, but the company's second quarter earnings result tell a different story. Quarterly revenue exceeded expectations, stock surged nearly 30%, and daily active users grew 40% year-over-year. TechCrunch reports: Now the company anticipate...
Quarterly revenue exceeded expectations, stock surged nearly 30%, and daily active users grew 40% year-over-year. TechCrunch reports: Now the company anticipates making over $1 billion in revenue this year, and daily active users have grown 40% year-over-year. The growth is significant but falls in the lower range of the company's estimates of growing between 40% and 45%, which an investor brought up to [CEO Luis von Ahn] on Wednesday's quarterly earnings call.
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