Ed tech house Chegg’s share price halves after blaming ChatGPT for subscription dip
Student app maker says it’s ‘not a sky falling thing,’ customizes own LLM just in case
Chegg’s stock price plummeted 49 per cent on Tuesday, wiping nearly $1 billion off its market valuation, after the education technology biz blamed a slowdown in subscriptions on ChatGPT.…
Author: Katyanna Quach. [Source Link (*), The Register]