Technology

⚡AI Disruption: Chegg’s USD 14.7 Billion Empire Crumbles as Stock Falls Below USD 1

By Team Latestly

Chegg, once a dominant force in online education, is now being cited as one of the clearest examples of how artificial intelligence can disrupt and dismantle an entire business model. The American edtech firm, which surged during the Covid-era boom in 2021, has seen a dramatic fall from a peak market capitalisation of USD 14.7 billion to nearly USD 156 million within just a few years.

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