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!

Send us a text

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.

Innovation in preK to gray learning is powered by exceptional people. For over 15 years, EdTech companies of all sizes and stages have trusted HireEducation to find the talent that drives impact. When specific skills and experiences are mission-critical, HireEducation is a partner that delivers. Offering permanent, fractional, and executive recruitment, HireEducation knows the go-to-market talent you need. Learn more at HireEdu.com.

Every year, K-12 districts and higher ed institutions spend over half a trillion dollars—but most sales teams miss the signals. Starbridge tracks early signs like board minutes, budget drafts, and strategic plans, then helps you turn them into personalized outreach—fast. Win the deal before it hits the RFP stage. That’s how top edtech teams stay ahead.

As a tech-first company, Tuck Advisors has developed a suite of proprietary tools to serve its clients better. Tuck was the first firm in the world to launch a custom GPT around M&A.

If you haven’t already, try our proprietary M&A Analyzer, which assesses fit between your company and a specific buyer.

To explore this free tool and the rest of our technology, visit tuckadvisors.com.