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.
ChatGPT logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
"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. , a study aide tailored to students' needs, at a time educators were grappling with the consequences of the homework drafting chatbot.
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