If you invested $100 into Chegg (CHGG) in 2021, you’d have less than a dollar to show for it today, thanks to LLMs like ChatGPT. Interestingly, AI was mentioned 0 times in Chegg’s 2022 annual report.
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company’s use of AI-generated summaries in search engine results has crushed its website traffic and revenue. In a ...