duolingo
AI claims its first casualty… How to improve the odds of your kid earning a high salary… Eighty percent of kids say they’re learning faster with this new tech… My favorite way to play the AI education trend… ChatGPT Made Chegg’s Business Model Obsolete1. ChatGPT claimed its first casualty… It’s a company called Chegg Inc (NYSE:CHGG). Chegg offers online tutoring and textbook rentals by charging a subscription. It was a thriving business. From 2016 to 2022, the company grew subscribers from 1.5 million to 8.2 million. But then ChatGPT, the popular AI chatbot, burst onto the scene… Suddenly, eve...
ValueWalk
New York (AFP) - Duolingo, a language learning smartphone app that has grown during the coronavirus pandemic, plans to go public with an overall valuation of potentially more than $4 billion. The company's initial public offering will be priced at between $85 and $95 per share, Duolingo said in a securities filing Monday. Shares are expected to debut on the Nasdaq in the coming weeks under the symbol "DUOL." Formed in 2011 by engineers Luis von Ahn and Severin Hacker, who met at Carnegie Mellon University, Duolingo touts its potential for more growth thanks to the enduring popularity of smartp...
AFP
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