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Sunday, 10 November 2024

Chegg lost 500K+ subscribers since ChatGPT's launch, and its stock is down 99% from early 2021, as students looking for homework help turn to free AI tools (Miles Kruppa/Wall Street Journal)

Miles Kruppa / Wall Street Journal:
Chegg lost 500K+ subscribers since ChatGPT's launch, and its stock is down 99% from early 2021, as students looking for homework help turn to free AI tools  —  Chegg's stock is down 99%, and students looking for homework help are defecting to ChatGPT  —  Most companies are starting to figure …



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...