Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool. The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7) by Reuters, citing a source familiar with the matter. Based in Folsom, California, PowerSchool makes...
Artificial intelligence (AI) is changing how companies train and upskill their employees, offering personalized learning experiences that can reduce costs and improve efficiency. The global AI-in-education market is expected to grow from $3.6 billion in 2023 to around $73.7 billion by 2033, according to a...
The online education sector continues to experience exponential growth, driven by technological advancements and the increasing demand for flexible learning options. However, the rapid rise of artificial intelligence is reshaping the education landscape, with both opportunities and challenges emerging for key industry players. In its latest earnings...
Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process. This integration will enable 5,254 Iris customers to purchase supplies directly from Amazon Business through Iris Financials, Iris’ cloud-based school finance software, the...
April 01, 2024
Gone are the days when learning was confined to traditional classrooms and heavy textbooks. Today, knowledge is increasingly accessible to anyone with an internet connection, with digital platforms serving as the conduits of this democratization. From music streaming services to social media giants, these platforms are not only reshaping the way content is consumed but […]
January 23, 2024
The story of artificial intelligence (AI) and higher education is about more than students using ChatGPT to write their term papers. Recent announcements show that as the technology matures and...
January 18, 2024
The integration of digital technologies, data networks and smart devices within the university ecosystem is transforming campuses into connected entities. And amid this transformative shift there is a pressing need...
July 20, 2023
Since the explosion of generative AI onto the scene last November, ChatGPT has been making waves across various sectors and industries. In the education space, the popular chatbot developed by...
May 10, 2024
Duolingo reportedly credits generative artificial intelligence (AI)-powered features for the 54% leap in paid subscribers it recorded in the first quarter. “What we’re seeing is that people are willing to pay even more to learn a language through generative AI,” Matt Skaruppa, chief financial officer at Duolingo, told the Wall Street Journal (WSJ) in an interview posted Friday (May 10). Duolingo, […]
May 08, 2024
Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool. The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7)...
April 26, 2024
Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process. This integration will enable 5,254 Iris customers to...
April 03, 2024
Business schools are reportedly teaching students to use generative artificial intelligence (GenAI) as a tool like a calculator. They are encouraging students to use the technology for a variety of...
