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

Edsurge

One of the things we’re looking to solve is, ‘Can we build systems that can assess what the child has written?’ So in a sense, Byju's could succeed, and they have deeper pockets with more patience than was the case for VC-backed Knewton and some others.” When might this R&D lab get a product into the hands of users?

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Wiley Buys ZyBooks in $56M Cash Deal to Bolster Courseware Offerings

Edsurge

This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May. Wiley was pursuing Zyante and Knewton at the same time, claims Matt Leavy, executive vice president of Wiley’s education publishing division.

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Jose Ferreira Steps Down as Knewton CEO, Eyes Next Education Startup

Edsurge

Knewton has decided to step down from the perch and lay low—for now. Ferreira’s decision marks the end of a nearly nine-year run at Knewton, where he strived to build technology to pinpoint what students know, don’t know and should learn next. So it comes as a surprise that the founder and CEO of.

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ACT’s Latest Act: Investing in an Open-Source Assessment Startup

Edsurge

Its latest act: making a strategic investment in Open Assessment Technologies (OAT), a San Francisco-based startup that offers open-source tools for building and delivering digital tests. Besides just being an assessment company, we’re also becoming a learning and navigation company,” Roorda tells EdSurge in an interview.

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What Can Machine Learning Really Predict in Education?

Edsurge

Panelist Andrew Jones, a data scientist at Knewton, admitted that despite the hype, machine learning is still relatively limited in how it’s been applied, at least in the eyes of some users. For all the talk about data and learning, Essa offered this blunt assessment: “Pretty much all edtech sucks. Or does it?) So what’s missing?

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K-12 Dealmaking: Apple Acquires Learnsprout; Pearson, Knewton Turn to Adaptive Math

Marketplace K-12

Recent dealmaking news includes acquisitions by Apple and Excelligence Learning, and partnership between Pearson and Knewton. Pearson, Knewton Form Partnership: Pearson and Knewton have teamed up in an effort to “personalize” K–12 math education starting with elementary school students. The Knewton-powered enVisionMATH2.0

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

Edsurge

Rounding out the podium for top dollars raised in 2019 with $90 million is Examity , a Boston-based provider of exam proctoring tools used by colleges and universities, assessment groups, professional certification boards and employers. The two companies were also among the 10 companies that raised the most funding in 2017 as well.

EdTech 162