Bye-bye bots: Altera's game-playing AI agents get backing from Eric Schmidt [Yahoo! Finance]
Duolingo, Inc. - Class A (DUOL)
Company Research
Source: Yahoo! Finance
The company announced Wednesday that it raised $9 million in an oversubscribed seed round, co-led by First Spark Ventures (Eric Schmidt's deep-tech fund) and Patron (the seed stage fund co-founded by Riot Games alums). The funding follows Altera's previous raising a pre-seed $2 million from Andreessen Horowitz and others in January of this year. Now, Altera wants to use the new capital to hire more scientists, engineers, and team members to help with product development and growth. If the first wave of AI for end users was about AI bots; and more recently, AI "copilots" use generative AI to help understand and respond to increasingly sophisticated queries, then AI agents are emerging as the next stage of development. The focus is on how AI can be used to create increasingly more human-like, nuanced entities that can respond to and interact with actual humans. One early use case for these agents has been gaming -- specifically to use in games that support modifications (mods) li
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DUOL
News
- Here's Why You Should Invest in Duolingo (DUOL) Stock Now [Yahoo! Finance]Yahoo! Finance
- 2 Hyper-Growth Tech Stocks to Buy in 2024 and Beyond [Yahoo! Finance]Yahoo! Finance
- 1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $200 and Hold for the Long Run [Yahoo! Finance]Yahoo! Finance
- Fostering Emotional Connections Through UX Design [Forbes]Forbes
- No, GPT-4o isn't coming for your job. Yet. [Business Insider]Business Insider
DUOL
Earnings
- 5/8/24 - Beat
DUOL
Sec Filings
- 5/17/24 - Form 144
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- DUOL's page on the SEC website