Week in Edtech 9/25/2024: OpenAI’s Raises $6.5B, Google’s $120M AI Education Fund, Salesforce’s $23M for AI Skills, Duolingo’s AI Surge, Udemy Layoffs, AI-Powered Celebrity Learning, Prof Jim’s $1.5M Funding, and More! Feat. Jason Palmer of TOGETHER!
Episode description
Join hosts Alex Sarlin and Ben Kornell as they explore the latest in education technology, AI developments, and key edtech funding moves.
✨ Episode Highlights:
[00:05:12] 👩🏫 OpenAI raises $6.5B and launches OpenAI Academy
[00:09:05] 📚 Google’s $120M AI Education Fund and NotebookLM tools
[00:15:03] 🦜 Duolingo’s AI strategy and record stock prices
[00:22:05] 📉 Udemy lays off hundreds and shifts to lower-cost regions
[00:25:40] 💰 Prof Jim raises $1.5M to expand AI-generated video content
[00:29:13] 🤖 AI-generated celebrity videos teaching math and science
[00:37:16] 💼 David Banks resigns as NYC Schools Chancellor
[00:45:11] 💸 TEAMology raises $1.2M for mental health; Hello Wonder raises $2.1M for safe browsing
Plus special guest:
[00:52:00] 🎙️ Jason Palmer, Former Democratic Presidential Candidate & Co-Founder of TOGETHER!, on education reform, AI, and the future of learning.
This season of Edtech Insiders is once again brought to you by Tuck Advisors, the M&A firm for EdTech companies. Run by serial entrepreneurs with over 25 years of experience founding, investing in, and selling companies, Tuck believes you deserve M&A advisors who work as hard as you do.