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One of the World’s Best-Funded Edtech Companies Is Investing In AI Moonshots. Can It Work?

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The Indian edtech giant Byju’s keeps getting bigger , having raised more than $4.5 Specifically, the company announced a new research-and-development hub, with offices in Silicon Valley, London and Bangalore, that will work on applying the latest findings from artificial intelligence and machine learning to new edtech products.

EdTech 216
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Who is the Theranos of Education?

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In similar fashion, problematic edtech companies with grand visions and little follow-through don’t just affect the investors pouring funds into the space; they also potentially put learners into compromising situations. But, don’t worry—they had plenty to say about Knewton. But who was—or is—the Theranos of the education sector?

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Hitting Reset, Knewton Tries New Strategy: Competing With Textbook Publishers

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Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. Kibby has big claims of his own, however, when it comes to how aggressively Knewton plans to compete with major textbook publishers. per month.

Knewton 118
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Amid Struggles, Knewton Names Former Pearson Exec as New CEO

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Knewton pioneered adaptive-learning technology and amassed more than $157 million in venture capital, but lately the company has weathered through the loss of publishing partners and the departure of its outspoken founder. I said, if it’s Knewton, I’m very interested, but if it’s not Knewton, I’m not.”

Knewton 71
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US Edtech Funding Already Nears $1 Billion in First Half of 2019

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edtech companies in the first half of 2019. The high tally for venture funding this year is not unique to the edtech industry. edtech companies, but their counterparts overseas have also attracted plenty of venture capital. Last year, Pluralsight went public and was the first edtech company to do so since Instructure in 2015.

EdTech 146
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Pearson, an Investor in Knewton, Is ‘Phasing Out’ Partnership on Adaptive Products

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Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Pearson will no longer use Knewton’s adaptive learning engine for some of its digital offerings.

Knewton 81
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Deals and More Deals: The Top Edtech Business Stories of 2019

Edsurge

Here’s a look at the biggest edtech business stories of 2019—the ones that captured the most attention, and the ones that should have your attention. A $157M Fundraise for Guild Education Births Edtech’s Newest Unicorn by Tony Wan Unicorns don’t exist, except when they’re of the billion-dollar valuation variety.

EdTech 80