AI adoption to flourish in China’s afterschool market. Massachusetts Institute of Technology makes $1 billion investment to setup new AI college.
2 November 2018
Education is the key enabler for nations to realize their AI ambitions, yet the shortage of skilled talent remains the number one barrier to innovation.
$2B of EdTech Venture Capital was invested globally, $5B+ of education M&A, education stocks gained $30B of market cap
France leads EU in EdTech investments. Nineteen institutions of the Chamber of Commerce and Industry (CCI) open up to new investment resources. Odyssey network of schools raises €11 million.
Regulatory changes could impact education quality and burden on student debt. Foreign student enrolments further decline. Education groups, publishers, LMS providers and tech giants strengthen digital focus.
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