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Is AI Set to Transform Classrooms Forever

Author
GREY Journal
Published
Thu 27 Jun 2024
Episode Link
https://greyjournal.net/news/

MagicSchool, a Denver-based AI startup, has secured $15 million in a Series A funding round led by Bain Capital Ventures to integrate AI tools in educational settings for both teachers and students. The funding will be used to advance their tools, acquire more customers, and hire more talent. Other investors include Adobe Ventures and Common Sense Media, with individual backing from Replit, Clever, and OutSchool. Founder Adeel Khan, who has a strong background in education, conceived MagicSchool in late 2022, aiming to create valuable AI tools for the classroom. The tools, currently used by around 4,000 teachers and schools, include lesson plans, quizzes, and materials for varying learning levels, mainly utilizing OpenAI APIs. Despite initial challenges in adoption due to fears around AI, the tools have been found to save time and assist with brainstorming and supplementary teaching. Khan highlights the importance of preparing students for a future where AI is integral and stresses the need for ethical and effective use of AI in education.

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