ChatGPT Warning Knocks $1 Billion Off Market Caps of Education Giants Pearson and Chegg
Shares in US-listed education firm Chegg and London-listed textbook publisher Pearson tumbled today – each seeing roughly $1 billion (£803 million) knocked off its market cap – after the former warned that students were using ChatGPT instead of its services. Chegg – which offers services including homework help, digital and physical textbook rentals, textbooks and…