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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.

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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. But in the past few years the company has suffered several setbacks—along with mounting criticism that its founding CEO, Jose Ferreira, overhyped its technology.

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A Technologist Spent Years Building an AI Chatbot Tutor. He Decided It Can’t Be Done.

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Satya Nitta But in the end, Nitta decided that even though the generative AI technology driving excitement these days brings new capabilities that will change education and other fields, the tech just isn’t up to delivering on becoming a generalized personal tutor, and won’t be for decades at least, if ever.

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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 72
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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.

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

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education technology industry appears on track to surpass the amount of investor funding tallied in recent years. educational technology companies whose primary purpose is to support educators and learners across preK-12 and postsecondary education. edtech companies in the first half of 2019.

EdTech 148