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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]
The company initially offered a subscription-based product intended to help students improve their grammar and spelling. [5] That product was subsequently developed into a writing assistant that checks the grammar, spelling, and tone of a piece of writing. [5] [6] [7] By 2015, Grammarly had one million active daily users. [8]
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.
From free texting to cheap textbooks, we've got eight must-have apps for college kids on a budget. ... 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us.
Computer-assisted writing tools, such as Grammarly or Google Doc’s Smart Compose, already exist — and have long been utilized by many students. Platforms like Grammarly and Chegg also offer ...
Its premium features include unlimited access to Grammar Checker, the grammar and spelling checker, and Sentence Rephraser the rephrasing tool. [ 12 ] Ginger Keyboard is free to download and use, although it does offer in-app purchases like themes and theme packs.
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