EdTech Insight – Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range

by EdTechMate | Jun 7, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the evolving landscape of educational technology and digital health, the Nasdaq debut of Waystar, a health-care payment software vendor, signifies a vital development in digital transformation. The company, which completed its...

EdTech Insight – Amazon, Best Buy, Google may soon sell home smart devices with ‘hacker-safe’ label

by EdTechMate | Jun 7, 2024 | CNBC, News & Insights

Executive Summary and Main Points The U.S. Federal Communications Commission, under the Biden administration, is advancing the Cyber Trust Mark program, a voluntary cybersecurity labeling initiative designed for internet-connected devices. The label aims to guide...

EdTech Insight – Microsoft says AI feature that captures screenshots on new PCs will be off by default after backlash

by EdTechMate | Jun 7, 2024 | CNBC, News & Insights

Executive Summary and Main Points In a leap towards integrating AI in its product suite, Microsoft introduced a feature known as Recall for its upcoming Copilot+ PCs, emphasizing user privacy by keeping it off by default. Recall is notable for capturing and indexing...

EdTech Insight – Apple faces pressure to show off AI following splashy events at OpenAI, Google and Microsoft

by EdTechMate | Jun 7, 2024 | CNBC, News & Insights

Executive Summary and Main Points Apple’s involvement in the Artificial Intelligence (AI) sector, particularly with the unveiling of the Vision Pro virtual reality headset and advancements in AI at the Worldwide Developers Conference, signals a new era of...

EdTech Insight – AI agents are having a ‘ChatGPT moment’ as investors look for what’s next after chatbots

by EdTechMate | Jun 7, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recent advancements in the education technology sector highlight the significant strides taken in the realm of artificial intelligence (AI), evident through the proliferation of AI agents. AI agent technology has matured rapidly,...

EdTech Insight – Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO

by EdTechMate | Jun 7, 2024 | CNBC, News & Insights

Executive Summary and Main Points Nium, a fintech startup based in Amsterdam, Netherlands, recently announced a successful fundraising round of $50 million from various investors, including an undisclosed Southeast Asian sovereign wealth fund. This round values Nium...