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.
The HolonIQ Global Executive Panel reports strong early adoption of artificial intelligence, emerging capability building, but still many barriers.
Despite its over-hyped status, below the surface lie five distinct applications of AI in education.
VR adoption gathering momentum in defence training. U.S. government drafts national AI strategy to catch up with China and others. 11 new universities join university blockchain initiative.
30 Jan 19. Everything you need to know about the Global Education Technology Market in 10 charts
Pearson partners with Microsoft and IBM Watson for AI capabilities. Wiley Education Services acquires OPM provider, The Learning House, for $200 Million.
Facebook launches its education site. Tencent invests $300m into Yuanfudau. Apple continues hardware push for education.
8 Chinese companies IPO’d or files on HKEX. HK pivoting away from a financial center to an innovation hub. AI startup SenseTime raises $600 million.
China’s venture capital (VC) investments have grown more than two-fold over the previous year. India is also hitting the strides with new players coming through the ranks.
Asian countries surge ahead in VC/PE investments. Africa’s UNICAF raises $28 million.
AI, VR/AR technologies find increasing traction in defence sector. Institute of Ethical Artificial Intelligence in Education (IEAIED) in the UK is set to examine and address data privacy concerns for AI in education.
Hong Kong steps up efforts for AI push. BabyTree IPOs on Hong Kong Stock Exchange. Game developer NetDragon launches digital education portal.
9 Nov 2018. Four times as many folks prefer ‘Robo Revolution’ over ‘Education-as-Usual’ and they think it’s more likely.
Hong Kong University of Science and Technology (HKUST) to build a new science and tech-focused campus in Guangzhou. Hong Kong’s Science and Technology Park (HKSTP) seeks more EdTechs to its programs.
EdTechs focusing on arts and creative subjects raise funding. Fragmented markets in India and Europe are gaining traction.
AI adoption to flourish in China’s afterschool market. Massachusetts Institute of Technology makes $1 billion investment to setup new AI college.
Additions of new private and international schools likely to cause surplus and outpace demand. School fee regulation favors local institutions.
Global EdTech volume skyrockets in Q3 of 2018. Indian’s only EdTech unicorn raises $100 million. Aggressive mergers and acquisitions activity on the cards in the education market.
Growing number of cyberattacks on EdTech companies and institutions. Kidsense launches automatic speech recognition technology targeted for the benefit of children. VR acceptance on the rise.