Tag: Education technology

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OpenAI CEO, Sam Altman, is investing in AI and education tech startups in India, impressed by the country's thriving startup ecosystem. Altman hopes to collaborate with early-stage companies, enhance AI tools for productivity, and empower individuals. During his visit, Altman also discussed global AI regulations and the use of AI in education with Prime Minister Modi. His goal is to help shape the future of AI development on a global scale without limitations.

Byju's, the edtech giant, introduces three transformer models aimed at improving the quality of education and personalization for students. These models use AI to predict knowledge gaps and offer personalized guidance and grading. Byju's plans to integrate AI into all its edtech services. The models have been trained on queries from Byju's student base and have an accuracy rate of 87%.

Chegg, an education tech provider, saw its stock price plunge after mentioning the increasing popularity of ChatGPT. Looking to the future, Chegg has launched CheggMate, a browser-based app that helps student with their studies and homework. CEO Dan Rosensweig has made key decisions to help the company stay ahead of its competitors. With the aim of providing a better service to customers, Chegg is looking to strengthen its presence in the market.