Chegg Partners With Scale AI To Boost Generative AI Integration
Portfolio Pulse from Shivani Kumaresan
Edtech company Chegg Inc has partnered with AI data infrastructure provider, Scale AI, to develop proprietary large language models (LLMs). The partnership aims to provide a generative experience through Chegg's personalized learning assistant, combining generative AI with Chegg's proprietary content. The initiative is expected to roll out over the next two semesters. Chegg's shares are trading lower by 0.33% at $10.45.
August 07, 2023 | 3:35 pm
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Chegg's partnership with Scale AI to develop proprietary large language models could enhance its product offering and potentially attract more users. However, the stock is currently trading lower.
The partnership with Scale AI allows Chegg to develop unique large language models, which could enhance its personalized learning assistant. This could potentially attract more users and increase revenues in the long term. However, the immediate market reaction is negative, with the stock trading lower.
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