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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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This month the company made clear its ambitious research agenda: to achieve the science-fiction dream of building next-generation teaching aids with artificial intelligence. We’ve not had an edtech company that has the scale and the size that Byju’s has that has said, ‘We are going to solve these problems.’” K-12 edtech market. “I

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Knewton Was Acquired For Less Than $17M, and Former CEO Brian Kibby Has Left

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When Wiley announced back in May that it had acquired Knewton, both companies kept mum on how much the deal was worth. In its most recent earnings report , which covers the three months ended July 31, 2019, Wiley disclosed that it had “spent $73 million in total on acquisitions in the quarter, including zyBooks and Knewton.”

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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. Now the company has pivoted, and it is poised to formally announce its own online courseware that will compete head-to-head with those publishing giants.

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Pearson Bets on Adaptive Learning (Again) With $25M Acquisition of Smart Sparrow

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The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Already, the Sydney, Australia-based company has pulled back on its social media presence. In 2014, the Gates Foundation awarded the company a $4.5 One such provider, Acrobatiq, was acquired in 2018.

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With Eyes on Asia, Kidaptive Raises $19.1M to Grow Its ‘Invisible’ Adaptive Learning Platform

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based company now touts itself as a provider of adaptive-learning technologies for educational content providers. The company has refocused its business and research around what it calls its “Adaptive Learning Platform.” The company’s Adaptive Learning Platform works in a number of ways. operations by the end of the year.

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Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

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The biggest education company in the world is moving away from a production model that has been one of the main drivers in the rising cost of textbooks. Today, college students on average spend more than $1,200 on books and materials, according to The College Board. But the company is not cutting the cord with print. “We

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How ‘Learning Engineering’ Hopes to Speed Up Education

Edsurge

If they are right, it would mean short-circuiting the famous “10,000-hour rule” based on studies by education researcher Anders Ericsson and popularized by bestselling author Malcolm Gladwell in his book “Outliers.” Newkirk calls his company Acuitus , in hopes of encouraging sharpness of thought.

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