Chegg Inc. has faced a drastic decline in their stock prices due to the rising popularity of ChatGPT as a learning resource, causing an alarming decrease of 30% on Monday. Low subscriber growth and reported earnings totaling $2.2 million or 2 cents a share have sparked worry amongst investors, resulting in Chegg’s stock at its lowest point since 2017. Dan Rosensweig, President and CEO of Chegg, attributes Chegg’s revenue drop to student interest in ChatGPT. Chegg is a valuable online learning platform aiding students with tutors, answers and more.
Chegg Inc. releases CheggMate, a personalized AI study aid for math and science courses. This AI-driven program provides tailored questions for students, and is designed to offer reliable and accurate answers, making it ideal for any student wanting to study smarter. With the incorporation of ChatGPT's AI, it is set to expand accessibility of AI in student workspaces and offer efficiency in the learning process.
Chegg Inc. has combined its roster of quiz answers with AI model GPT-4 to createCheggMate, a mobile-friendly student study application. Adapting to courses and personalizing practice tests, this AI software, is free for users for the first month and helps to reduce content cost while boosting overall profitability. OpenAI and Chegg's collaboration is expected to revolutionize the way students learn worldwide.
ChatGPT and Chegg Inc. have recently partnered to introduce the revolutionary AI-powered program CheggMate, which personalizes practice tests and provides study help based on the classes students are taking and the questions they’ve missed. The AI assistant stands to revolutionize the way we learn, reduce costs of education and improve students’ level of understanding. With added accuracy and tailored approach, CheggMate looks to help students ace their exams effectively.
Chegg, a leading student-first connected learning platform, brings an AI-enhanced learning service named CheggMate, powered by OpenAI's most advanced model GPT-4. Chegg leverages its powerful personalized learning platform, proprietary dataset, and OpenAI's GPT-4 advanced problem-solving capabilities to create a specialty AI conversational learning companion. Learn more effectively with personalized learning pathways and context-tailored quizzes and tests!
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