EdTech Insight – Microsoft, Google, Amazon and tech peers sign pact to combat election-related deepfakes

by EdTechMate | Feb 16, 2024 | CNBC, News & Insights

Executive Summary and Main Points The international education sector is poised to witness significant shifts due to key innovations at the intersection of Artificial Intelligence (AI) and global democracy. Industry titans like Microsoft, Google, Meta, and other tech...

EdTech Insight – Coinbase shares surge after posting first quarterly profit in two years

by EdTechMate | Feb 16, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The international education sector is witnessing the growing intersection of finance and technology with Coinbase’s reported surge in share value underlining this trend. Coinbase, a major cryptocurrency exchange,...

EdTech Insight – Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run

by EdTechMate | Feb 16, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The revival of venture funding for crypto-related companies in the fourth quarter of 2023 marks a significant recovery in the sector. Investments increased by 2.5%, according to PitchBook data, and this shift reflects a...

EdTech Insight – Richard Branson and Oppenheimer’s grandson urge action to stop AI and climate ‘catastrophe’

by EdTechMate | Feb 16, 2024 | CNBC, News & Insights

Executive Summary and Main Points In a recent public address, leading figures including Richard Branson, former U.N. Secretary-General Ban Ki-moon, and others, have expressed grave concerns over the existential challenges facing humanity, particularly emphasizing the...

EdTech Insight – OpenAI just revealed new software that lets you create realistic video by simply typing a descriptive sentence

by EdTechMate | Feb 16, 2024 | CNBC, News & Insights

Executive Summary and Main Points OpenAI, known for its globally recognized AI model ChatGPT, has expanded its portfolio with the introduction of Sora, a new generative AI technology for video. Emulating the success of its image-generation AI, DALL-E, Sora is capable...

EdTech Insight – Toast will lay off 10% of its workforce, about 550 employees, as growth slows

by EdTechMate | Feb 16, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points Recent technology news indicates significant shifts in the tech sector that have a potential spillover effect on the education technology industry. Toast Inc., known for its restaurant management software, has announced a...