Andrej Karpathy, former head of AI at Tesla and researcher at OpenAI, is launching Eureka Labs, an “AI native” education platform. In tech speak, that usually means built from the ground up with AI at its core. And while Eureka Labs’ AI ambitions are lofty, the company is starting with a more traditional approach to […]
Bain to take K-12 education software provider PowerSchool private in $5.6B deal
Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $ 5.6 billion deal. The acquisition is the latest in a swathe of take-private deals led by private equity firms seeking a bargain on underperforming enterprise software firms. PowerSchool is a web-based platform that helps educational institutions manage operations […]
Zen Educate raises $37M and acquires Aquinas Education as it tries to address the teacher shortage
Zen Educate, an online marketplace that connects schools with teachers, has raised $ 37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis both sides of the pond, with a recent report from ADP Research Institute noting that the global pandemic exacerbated the existing supply/demand imbalance due […]
SHINee’s Key Sheds Light On SM Entertainment’s Strict “Formal Education” Classes
NCT‘s Doyoung appeared on Episode 542 of the MBC variety show I Live Alone. He showed the cast members and viewers his cooking skills and how he eats while watching romantic K-Dramas. [Video could not be displayed] At the end of the clip, he was asked if he every felt jealous of couples knowing that […]
Goodnotes acquires a AI-powered video summary startup as it looks beyond education
London-based notetaking startup Goodnotes said today it is acquiring South Korean startup Dropthebit, which operates a meeting and video summary tool called Traw. With the acquisition, Goodnotes is looking to move beyond classrooms and explore making productivity tools for professionals. As part of the deal, all three co-founders of Dropthebit will move to Goodnotes. Plus, […]