The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.
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 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 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.
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