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Duolingo Stock Drops After GPT-4o Demo

Duolingo Stock Drops After GPT-4o Demo

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Duolingo Inc NASDAQ: DUOL Follow Overview Compare Financials 179.32 USD −8.79 (4.68%) ↓ today May 13, 1:49 PM EDT · Disclaimer 1D 5D 1M 6M YTD More 190 185 180 175 12:00 PM 2:00 PM 4:00 PM Prev close 188.12 OpenAI demos real-time language translation with its latest GPT-4o model.
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A stock chart for Duolingo Inc. shows its share price dropping sharply after OpenAI demonstrates real-time language translation with GPT-4o. The joke is that Duolingo, a language-learning app, appears threatened by an AI that can translate instantly, so the announcement is portrayed as causing its stock to crash. This meme is used as a reaction to AI advancements disrupting an existing product or industry. EN: A stock chart for Duolingo Inc. shows its share price dropping sharply after OpenAI demonstrates real-time language translation with GPT-4o. The joke is that Duolingo, a language-learning app, appears threatened by an AI that can translate instantly, so the announcement is portrayed as causing its stock to crash. This meme is used as a reaction to AI advancements disrupting an existing product or industry.

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