Tuesday, May 30, 2023

Chegg, Duolingo, and other edtech companies insist generative AI has the potential to enhance their products, despite the threat of being undercut by cheap AI (Bethan Staton/Financial Times)

Bethan Staton / Financial Times:
Chegg, Duolingo, and other edtech companies insist generative AI has the potential to enhance their products, despite the threat of being undercut by cheap AI  —  Groups including Chegg and Duolingo say new tech presents opportunities as they fight to compete



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...