Duolingo: Open-Source AI Strengthens Turnaround Chances

AI Language Tutor Becomes Over 95% Cheaper Thanks to Open-Source Models
Duolingo Aims to Reach 100 Million Daily Active Users by 2028
Andreas Zehetner
A. Zehetner
Reading Time: 2 minutes

Duolingo (DUOL) is becoming an intriguing turnaround candidate following the massive drop in its stock price. Salesforce (i) has already shown that the feared "SaaSpocalypse" does not necessarily have to occur and that established platforms can also leverage AI to their advantage. The stock is currently trading about 71% below its all-time high, while the growth of daily active users accelerated from 21% to 23% in the second quarter, reaching 58.7 million. Particularly interesting is that AI not only poses a potential threat but also opens up new...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In