Explain My Answer will offer personalized feedback on users' mistakes as they complete lessons, and Roleplay will enable them to practice their conversational skills through an AI-powered chatbot.ĭuolingo was one of the very few tech companies to consistently increase its revenue forecasts last year, and it ended up bringing in $369.5 million, growing by 47% compared to 2021. It's set to unveil a new, more expensive subscription tier called Duolingo Max, which will introduce two features: Explain My Answer and Roleplay.īoth are designed to serve as a human-like tutor for users. It takes a mobile-first approach, and it has designed its application to deliver excitement, engagement, and social connection to users - in other words, it's the direct opposite of a typical classroom experience.ĭuolingo has been investing in artificial intelligence since 2013, but with more recent help from ChatGPT creator OpenAI, the company's efforts in the space were just taken up a notch. With more than 500 million downloads and 60.7 million monthly active users, Duolingo ( DUOL 1.08%) is the most popular digital language education platform in the world. Duolingo: The world's favorite language learning app just got smarter
I'm going to share one stock from each industry that I find to be among the most intriguing, especially for the long term.
And advanced semiconductors are finding their way into every electronic device we use, from our smartphones to our smart refrigerators.įortunately, investors are spoiled for choice when it comes to owning a stake in those game-changing technologies. And for good reason - both industries promise to play an irreplaceable role in the future by transforming the way we experience everyday life.ĪI will automate monotonous tasks and speed up complex ones, and it might even add $200 trillion in output to the global economy by 2030 (according to Ark Invest).
Investors who keep an eye on the technology sector have probably noticed that companies operating in the artificial intelligence (AI) and semiconductor sectors tend to dominate the news.
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