Duolingo Credits GenAI for 54% Leap in Paid Subscribers
DUOLDuolingo(DUOL) PYMNTS·2024-05-11 03:56

Duolingo reportedly credits generative artificial intelligence (AI)-powered features for the 54% leap in paid subscribers it recorded in the first quarter. “What we’re seeing is that people are willing to pay even more to learn a language through generative AI,” Matt Skaruppa, chief financial officer at Duolingo, told the Wall Street Journal (WSJ) in an interview posted Friday (May 10). Duolingo, which offers a language-learning app, also reported a 45% increase in revenue during a quarter in which other on ...