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T-Mobile launches real-time translation service, causing Duolingo's stock price to fall
Investing.com – After T-Mobile launched real-time AI translation services on its wireless network, Duolingo’s stock price dropped 5.5% in pre-market trading on Wednesday.
This new T-Mobile feature enables real-time translation of over 50 languages during phone calls. The translation function is directly built into T-Mobile’s network infrastructure, operating as a core service rather than an optional add-on.
Users can access the translation service when at least one person in the call is connected to the T-Mobile network. The company states that once activated, translations are performed instantly.
The integration of translation services directly into T-Mobile’s network appears to be impacting Duolingo’s stock price, as investors react to this new competitive product in the language translation field.
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