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Duolingo falls after Google Translate introduces live conversation

Alphabet (GOOGL) (GOOG) (GOOG, GOOGL) introduced new features to Google Translate. The company said,”Now, thanks to AI, we’re making it even more effortless to overcome language barriers. Using the advanced reasoning and multimodal capabilities of Gemini models, we’re bringing two new features to Translate to help with live conversations and language learning…Building on our existing live conversation experience, our advanced AI models are now making it even easier to have a live conversation in more than 70 languages – including Arabic, French, Hindi, Korean, Spanish, and Tamil…Google Translate’s live capabilities use our advanced voice and speech recognition models, which are trained to help isolate sounds. This means you get a high-quality experience in the real world, like in busy airports or at a noisy cafe in a new country. These new live translate capabilities are available starting today for users in the U.S., India and Mexico.” Shares of Duolingo (DUOL), which offers an online language learning platform, are down 2% to $314.86 in midday trading.

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