:What's the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc, it could be nearly $1 billion in market valuation.
"Since March, we saw a significant spike in student interest in ChatGPT. We now believe it's having an impact on our new customer growth rate," said Chegg CEO Dan Rosensweig. Last month, the Santa Clara, California-based firm said it would launch ChatGPT's AI powered CheggMate, a study aide tailored to students' needs, at a time educators were grappling with the consequences of the homework drafting chatbot.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Edtech Chegg slumps on revenue warning as ChatGPT threatens growthWhat's the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc, it could be nearly $1 billion in market valuation. Chegg forecast current-quarter revenue below estimates and signaled that the usage of viral chatbot ChatGPT was pressuring customer growth, send
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Samsung bans use of ChatGPT for mobile, appliances staffSEOUL — Samsung Electronics is banning employees in its mobile and appliances division from using generative AI services such as ChatGPT, the company said on Tuesday (May 2), after instances of 'misuse' of the technology.
Source: TODAYonline - 🏆 1. / 99 Read more »
Samsung bans staff’s AI use after spotting ChatGPT data leakSamsung is the latest big company to express concern about the technology. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Edtech Chegg slumps on revenue warning as ChatGPT threatens growthWhat's the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc, it could be nearly $1 billion in market valuation. Chegg forecast current-quarter revenue below estimates and signaled that the usage of viral chatbot ChatGPT was pressuring customer growth, send
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »