Tag: Chegg

. Discover how the growing popularity of AI-based service ChatGPT has caused shares of education platforms, such as Chegg, Pearson and Duolingo, to drop. Chegg has also introduced CheggMate to compete with ChatGPT, as universities ban its use due to an unfair advantage it could give students. Will Chegg's new strategy be enough to recover its losses?

Chegg, the online educational platform, is striding forward into the world of artificial intelligence (AI). An AI-focused strategy is key, evidenced by the company's new service, CheggMate, a collaboration with OpenAI. CEO Dan Rosensweig, from Cornell University, foresees the impact of AI and is guiding the company to success. CheggMate will offer over 150,000 experts, ChatGPT convenience and is expected to launch a beta version soon. Expect increased efficiency and continued value for students.

. Chegg, the college textbook rental and educational service provider, experienced a 48% dip in their stock price on Tuesday. CEO Dan Rosenweig downplayed the significance of the drop and mentioned the risks of Artificial Intelligence. Chegg released higher than expected 1st quarter earnings and revenue and is preparing to launch the Cheggmate platform, with AI powered GPT-4. Dan Rosenweig brings with him an impressive background in tech, making Chegg a force to be reckoned with.

ChatGPT is quickly becoming the most popular new technology, with companies like Uber, Box, and Snap using its power to fuel their products. But Chegg has recently highlighted the risks of ChatGPT adoption after their customer growth rate declined after their chatbot introduction. The importance of understanding ChatGPT technology before use is emphasized, with Chegg’s stock plummeting 48%. Companies who intend to benefit from ChatGPT will have to be sure to implement it correctly.

Chegg, a leading online education and learning platform, recently saw its stock plummet after ChatGPT, a new AI-powered customer service automation tool, was introduced. On Yahoo Finance Live, Josh Schafer discussed the serious implications this could have for Chegg's ability to remain competitive in the market. Schafer looks at both the pros and cons of AI automation, and how it can be used by companies trying to compete in a fast-paced industry. With Yahoo Finance, readers can access reliable market data, news, and portfolio resources to make informed investing decisions.