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

Edsurge

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.

Knewton 113
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A Technologist Spent Years Building an AI Chatbot Tutor. He Decided It Can’t Be Done.

Edsurge

In 2015, he famously criticized promises about what was then the latest in AI for education — a tool from a company called Knewton. The CEO of Knewton, Jose Ferreira, said his product would be “like a robot tutor in the sky that can semi-read your mind and figure out what your strengths and weaknesses are, down to the percentile.”

Knewton 216
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US Edtech Funding Already Nears $1 Billion in First Half of 2019

Edsurge

Andela, the New York-based company that trains programmers in developing countries, raised $100 million in a Series D round. Looking at the top 10 deals so far in 2019, companies focused on workforce training dominated investor interest. Revature, a technology skills-training company, sold to Investcorp for an undisclosed price.

EdTech 141
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K-12 Dealmaking: Investor Weld North, Learn Launch Make Big Moves

Marketplace K-12

The announcement follows Frontline’s acquisition of online training provider EDTRAININGCENTER earlier this month. TAL Invests in Knewton: TAL Education Group (NYSE: XRS ), a K-12 after-school tutoring services provider in China, announced a strategic investment in New York-based Knewton , a global provider of adaptive learning products.

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Making Sense of the Metaverse in Education

EdTechTeacher

One example is Knewton , an AI-powered platform that tailors personalized lesson plans to students. AI is creating dramatic transformations in the workplace, as computers replace human labor, but AI in education has been largely limited to tutoring software that aims to make curriculum materials more individualized for students.

Education 190
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How ‘Learning Engineering’ Hopes to Speed Up Education

Edsurge

Teaching at colleges is often done without any formal training. Navy, and the company’s first mission was to train sailors in information technology (IT) support, so they could fix any computer or network problem that a crew at sea might encounter. Simon argued that you would describe the process as “outrageous.” “If

Education 216
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What the Big Edtech Mergers and Acquisitions of 2019 Signal for the Industry

Edsurge

There is a growing theme around workforce development, and how we are shifting the notion of traditional corporate training—and to some extent higher ed—into workforce development and reskilling. They work with corporations to train their incoming classes on the exact skills that they need to be trained on. Absolutely.

Industry 107