Education Company Chegg’s Stock Cut in Half Over ChatGPT Use

Another victim of AI: Education company Chegg’s (NYSE:CHGG) stock was cut in half yesterday after saying ChatGPT was impacting its growth. “Chegging” turns into “ChatGPTing” COVID accelerated Chegg’s growth as students used its tools to answer college course questions. But colleges accused Chegg of helping students cheat — who increasingly used it for online exams…

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