Shares of Chegg dropped after the company said it’s conducting a review of the business and exploring alternatives including a sale or taking it private as the provider of individualized learning support to students keeps losing subscribers to AI-enabled rivals.

Chegg Inc. is weighing “strategic alternatives” for its business, saying that traffic to its web-based education platform has been decimated following Google’s launch of an artificial intelligence-powered summary tool.

Will other companies follow suit and go after Google for sending less traffic to sites and publishers with these new AI Overviews?

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