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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] By June, CheggMate was in testing mode, but wasn't expected to publicly launch until 2024. [24]
Grammarly is an English language writing assistant software tool. It reviews the spelling, grammar, and tone of a piece of writing as well as identifying possible instances of plagiarism . It can also suggest style and tonal recommendations to users and produce writing from prompts with its generative AI capabilities.
As of 2019, grammar checkers are built into systems like Google Docs and Sapling.ai, [6] browser extensions like Grammarly and Qordoba, desktop applications like Ginger, free and open-source software like LanguageTool, [7] and text editor plugins like those available from WebSpellChecker Software.
Chegg stock has taken a hit and is trading roughly 20% below its highs heading into its first quarter financial ... 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us.
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.
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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