Chegg has sued Google, saying the company’s AI search results have scraped material from its site, extinguishing demand from users and threatening its business. “Because AI ov
The online textbook and homework help company has seen its stock price crater since the pandemic and the rise of ChatGPT.
Chegg, the education tech company headquartered in Santa Clara, sued Google on Monday and slammed the tech giant for its impacts on Cheg's business.
Online education company Chegg filed a lawsuit on February 24th against Google claiming that the company’s AI-generated summaries of search results have hurt its traffic and revenue, Reuters reports.
Online education company Chegg has filed a landmark lawsuit against Google, accusing the tech giant of using AI-generated search summaries to divert traffic away from publishers. The lawsuit, filed Monday,
The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.
Chegg is suing Google parent Alphabet over claims the search engine’s artificial intelligence summary tool has hit its revenues, leading the US-listed educational technology group to weigh up a sale of the business.
Chegg is only the latest publisher to take issue with Google’s efforts to inject Google Search with AI. A number of news outlets claim they’ve seen an impact on traffic from Google’s AI summaries in search, which draw from sources around the web to answer Google Search user queries.
The tech industry is charging full-steam ahead on AI, investing tens of billions of dollars into the technology and insisting that consumers get used to having AI pop up in every program they use, from Gmail to iPhone notification summaries.
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company’s use of AI-generated summaries in search engine results has crushed its website traffic and revenue. In ...
Chegg, Inc. struggles as AI disrupts its business model, with revenues down 24% YOY. Click for my updated look at CHGG stock prospects post Q4 earnings.
The company, once popular among students, said its “strategic” options could include a sale. Chegg blamed Google’s AI summaries for taking away traffic.