ChatGPT’s superior talents have the potential to shake up many industries, and on-line studying providers are an early instance of this. With a free, competent software like ChatGPT that may assist with homework and learning, why would college students pay for an internet studying service?
In consequence, Chegg was a sufferer of ChatGPT, with its inventory slicing in half in Might. On Tuesday, Chegg introduced its quarterly earnings report, which exceeded expectations and induced the corporate’s shares to surge by greater than 25%.
The corporate is attempting to maintain up that momentum by leveraging generative AI and asserting a partnership with Scale AI.
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Scale AI will develop proprietary giant language fashions (LLMs) for the web studying firm to assist help the event of a personalised studying assistant. The AI firm has partnered with different noteworthy corporations prior to now, together with the US Division of Protection.
The brand new expertise is ready to mix Chegg’s strong proprietary content material with generative AI to offer college students with a conversational interface and customized studying, together with apply exams, examine guides, and flash playing cards.
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“With Chegg’s Giant Language Fashions educated with our distinctive knowledge units, particularly for training, and with the assistance of our 150,000 material specialists, we are going to ship a considerably enhanced and differentiated studying expertise for college students,” stated Nathan Schultz, Chief Working Officer of Chegg.
The brand new Chegg expertise is slated to roll out over the course of the following two semesters.
In April, the corporate revealed Cheggmate, which is supposed to mix the ability of GPT-4 with Chegg’s content material to create customized studying experiences for customers on the platform. The mixing with Scale AI may be simply what the corporate must proceed its upward trajectory.
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