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Quddus Pativada - 1 Pativada - 1 Mark Cuban - 1 Deborah Quazzo - 1 ChatGPT - 1 Khan - 1
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☆ 20-year-old Quddus Pativada built one of the hottest AI study tools while he was still in high school. He's now launching it for schools.
  + stars: | 2023-09-26 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
At 17 years old, Quddus Pativada was determined to do something about inequality in education. Now, three years later, the 20-year-old Pativada has turned his high school vision into a full-fledged startup, with 8 employees globally working on his AI educational assistant ASI, formerly known as Digest.ai. Pativada set out to create a new AI-powered studying assistant nearly a year before ChatGPT debuted on the world stage. After more interactions, the AI tutoring bot can pick up on what a student is good at and where they may need more help, to further personalize the experience for that learner's needs. Pativada's grand vision for ASI is still to offer personalized tutoring for individual students, but to also market the learning tool to governments and businesses for quick, personalized employee upskilling.
Persons: Quddus Pativada, Pativada, Mark Cuban, Deborah Quazzo, ChatGPT, Khan Organizations: TechCrunch, ASI Locations: Dubai, Ghana
☆ Indian edtech sector still attractive for investors, GSV Ventures says
  + stars: | 2023-02-20 | by ( M. Sriram | ) www.reuters.com   time to read: +2 min
U.S.-based GSV invests only in edtech startups around the world and manages about $500 million in assets. These are very early days for the Indian edtech market," Deborah Quazzo, managing partner at GSV, told Reuters on the sidelines of the Emeritus-GSV Leaders Summit in New Delhi on Monday. Edtech startups in India have laid off thousands of employees in the past year and have been unable to raise funding as a slowdown gripped the market. Indian edtech startups raised $2.6 billion in 2022, down 36% compared to the previous year, according to data provider Tracxn Technologies. The Indian government is also "pretty constructive" on education policies, a key factor that encourages investors like GSV to invest, she said.
☆ VCs say AI in the classroom and tech meant to help students who've fallen behind will be among the top edtech trends in 2023
  + stars: | 2022-12-19 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +2 min
In fact, annual venture-capital funding to edtech startups has more than tripled since 2019, according to PitchBook data. That increased nearly threefold in 2020, to $14.1 billion, and then reached a record total in 2021 with $16.8 billion, PitchBook found. PitchBook estimates that edtech funding in 2022 stood at $8.4 billion as of December 15, as schools reopening led to less need for virtual teaching tools. Edtech startups across all sectors tend to be countercyclical compared with the economy at large, according to Amit Patel, a managing director at Owl Ventures. Here are the top four edtech trends to watch in 2023, according to top edtech investors.
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