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Varun Gulati - 2 Jennifer Carolan - 2 Amogh Alva Vaz - 2
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☆ Hurricane Idalia Approaches Florida, Could Be ‘Extremely Dangerous’
  + stars: | 2023-08-29 | by ( ) www.wsj.com   time to read: 1 min
AI in Education Attracts Startups and CashIf generative artificial intelligence is going to upend learning, then startups and investors want to be part of it. Varun Gulati, CEO of LitLab, describes how his company’s AI tool can make learning to read more personal. And Reach Capital’s Jennifer Carolan explains why the generative AI boom is different from edtech investment trends of the past. This is part three of our series Reading, Writing, and Algorithms. Click the links to listen to episode 1 and episode 2.
Persons: Varun Gulati, Jennifer Carolan, Amogh Alva Vaz Organizations: Education
☆ Idalia Remains on Florida Path, Could Be ‘Extremely Dangerous’
  + stars: | 2023-08-29 | by ( ) www.wsj.com   time to read: 1 min
AI in Education Attracts Startups and CashIf generative artificial intelligence is going to upend learning, then startups and investors want to be part of it. Varun Gulati, CEO of LitLab, describes how his company’s AI tool can make learning to read more personal. And Reach Capital’s Jennifer Carolan explains why the generative AI boom is different from edtech investment trends of the past. This is part three of our series Reading, Writing, and Algorithms. Click the links to listen to episode 1 and episode 2.
Persons: Varun Gulati, Jennifer Carolan, Amogh Alva Vaz Organizations: Education
☆ Edtech venture capital firm Reach Capital raises $215 million for its largest fund ever and has its sights set on backing more generative AI startups
  + stars: | 2023-04-10 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Reach Capital has closed its fourth fund with $215 million to invest in education startups. The team is also looking to back more companies using generative AI in education, Reach Capital founding partner Esteban Sosnik told Insider. Near the end of 2022, edtech investing had just reached $8.89 billion in 2022, according to PitchBook. While generalist investors still have some interest in edtech deals, some of the hype has worn off. Reach has also backed several edtech startups that went on to become unicorns, or reach a valuation of over $1 billion, including Outschool, ClassDojo, and Handshake.
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