Chegg Stock Plunges On Ai Threat To New User Growth Lifeboat News Cnbc's deirdre bosa reports on chegg as the shares of a california education company dropped more than 40%. for access to live and exclusive video from cnbc. Chegg stock (chgg) plummeted on tuesday as the rise of free artificial intelligence tools has stunted growth at the online education company. late monday, the company said in its first.
Chegg Stock Plunges As Ai Threatens New User Growth 成人基因编辑 Chegg shares at one point had lost half their value tuesday before closing 48% lower after the company said openai’s chatgpt is threatening the growth of its homework help services. Chegg, the popular online education platform, saw its shares plunge over 40% on tuesday after the company revealed that chatgpt is negatively impacting its ability to attract new subscribers. the sudden decline highlights how the meteoric rise of ai chatbots like chatgpt threatens to disrupt established companies across the education technology. Chegg, inc. faces a crisis due to ai, with revenues down 24% yoy. the online tutoring platform has promising ai tools, but generative ai and google aio are reducing the need for chegg's. Chegg shares slipped after the company said traffic has dropped off due to generative artificial intelligence. the stock fell 31% to $1.08 tuesday morning, which would be an all time low at.
Chegg Stock Plunges As Ai Threatens New User Growth 成人基因编辑 Chegg, inc. faces a crisis due to ai, with revenues down 24% yoy. the online tutoring platform has promising ai tools, but generative ai and google aio are reducing the need for chegg's. Chegg shares slipped after the company said traffic has dropped off due to generative artificial intelligence. the stock fell 31% to $1.08 tuesday morning, which would be an all time low at. Chegg inc. plummeted 42% after warning that the chatgpt tool is threatening growth of its homework help services, one of the most notable market reactions yet to signs that generative ai is. Yahoo finance markets reporter josh schafer joins the live show with a report on chegg and a new warning about how the company will be impacted by chatgpt. Shares of the education technology company chegg lost nearly half their value tuesday after its ceo warned that openai’s free chatgpt service was cutting into its growth.