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On a May 1, 2023, earnings call, CEO Dan Rosensweig identified the rise of ChatGPT as a potential obstacle for the company's growth. The next day, Chegg's stock price collapsed by 48% in response. [23] Chegg announced that it would launch a GPT-4 powered AI platform called Cheggmate later in May 2023. [23]
[5] [6] [7] By 2015, Grammarly had one million active daily users. [8] That same year, it began offering its flagship product via a freemium model that allowed all users access to the product's basic capabilities while placing more sophisticated features like style recommendations and plagiarism detection behind a paywall.
freemium [1] SaaS: Latin Targeted at website managers. [2] Grammarly: Grammarly, Inc. 2016 freemium: SaaS: Latin Checks against ProQuest databases and (public) web pages. [3] HelioBLAST: Virginia Bioinformatics Institute? (free of charge web service) Latin Submissions are limited to 1,000 words. Checking against abstract and titles in Medline ...
Chegg's 2024 first quarter revenue of $174.4 million was down 7% compared to the same period a year prior and down nearly 14% from the first quarter of 2022.
Free 7-day trial Supports desktop, iOS and Android. 💰 What it costs $100 annual subscription ($8.33 a month) $15 monthly subscription. ⭐ User ratings Apple Store: 4.9 out of 5 stars (31,400 ...
Platforms like Grammarly and Chegg also offer plagiarism checker tools, so both students and teachers can assess if an essay has been, in part or in total, lifted from somewhere else.
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