News on Medial

Duolingo put its sarcastic teen chatbot to work on its earnings call

Business InsiderBusiness Insider · 13d
Duolingo put its sarcastic teen chatbot to work on its earnings call

Duolingo's recent earnings call featured an AI chatbot named Lily as a novel way to present the company's performance for the quarter. The purple-haired chatbot showcased key metrics such as the 54% year-over-year increase in daily active users to 37.2 million. Duolingo attributed its growth to social media marketing and investments in generative AI. While Lily's appearance was a marketing strategy to humanize the brand, it reflected the company's dedication to AI, including the use of OpenAI's GPT-4 for interactions. Duolingo reported $192.6 million in revenue, exceeding expectations, but fell short on the number of paid subscribers. Despite this, the company's stock has been performing well, driven by its gamified language learning approach.

Comments

Download the medial app to read full posts, comements and news.