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Pearson shares fall after US digital learning rival says AI hurting its business
Artificial intelligence (AI) | The Guardian www.theguardian.com
Company’s shares fall 15% after Chegg says ChatGPT is affecting subscriber numbers
Almost £1bn has been wiped off the stock market value of the digital learning company Pearson after a US rival admitted that the rise of artificial intelligence chatbot ChatGPT is hurting its business.
Jittery investors sent Pearson’s shares down more than 15%, making it the biggest faller among London-listed companies on Tuesday, after the California-based online learning service Chegg reported a 5% drop in subscribers and pulled its …
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