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        PowerSchool Holdings introduced two AI-powered solutions, PowerBuddy for Learning and PowerBuddy for Assessment, designed to improve educator efficiency and student learning. They are integrated with Microsoft's Azure OpenAI Services technology and are available to schools and districts.
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    <a href="https://ca.finance.yahoo.com/news/powerschool-pwsc-boosts-education-via-165500192.html">
      Yahoo Finance
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EdTech: K-12

PROMINENT_CATEGORY

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 <p>PowerSchool Holdings has launched two AI-based solutions, namely PowerBuddy for Learning and PowerBuddy for Assessment. They are formulated to enhance the efficiency of educators and foster student learning. These programs rely on Microsoft's Azure OpenAI Services technology for their operation and are accessible to schools and districts.</p>

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PowerSchool Holdings introduces 'PowerBuddy' AI solutions for learning and assessment

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 <p>Byju Raveendran has resumed his position as CEO at Byju's. This follows the departure of Arjun Mohan, who served as CEO for 10 months before transitioning to an advisory role.&nbsp;</p>
 
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Byju Raveendran resumes CEO role as Byju's navigates restructuring challenges

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 <p>Pearson, a UK education firm, introduced two new online, full-time tuition-free public school programs and expanded an existing one in its Connections Academy. The programs include all essential books and materials and are open for enrollment for the 2024–2025 school year.</p>
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Pearson launches tuition-free online Connections Academies in three states

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<p>Byju, an educational technology company, laid off 500 of its employees primarily from the sales and marketing departments due to a financial crisis it is suffering through. This process took place over a span of two months with the company focusing on dismissing its underperforming members. The firm now seems to be proactively modifying its business structure while struggling to manage its financial situation.</p>

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Byju's lays off 500 employees amid restructuring and cash crunch

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 <p>IXL Learning, a personalized learning product developer and learning platform provider, has purchased the famed Dictionary.com and Thesaurus.com. The company says this merger will enhance education's engagement and accessibility, and they plan to collaborate to expand Dictionary.com's platform.</p> 
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IXL Learning acquires Dictionary.com and Thesaurus.com to strengthen language and literacy portfolio

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 <p>Pearson, a UK-based education provider, has revealed plans to initiate three new Connections Academy online public school programs in California, Missouri, and Pennsylvania. These programs are scheduled to be launched in the 2024–2025 academic year with an aim to offer free K-12 education to students through an online platform. The curriculum offered will be state-aligned and deliver personalized educational support to aid the students in their learning journey.</p>
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Pearson announces new Connections Academy online public school programs in three states

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 <p>GoStudent, an online tutoring platform, regained its profitability after suffering significant losses in 2021 and 2022. The company was able to achieve a positive EBITDA and operating cash flow globally. This financial recovery was due to rapid scaling and restructuring, which included layoffs and cost-saving initiatives.&nbsp;</p>
 
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GoStudent achieves profitability after rapid scaling and major cost cuts

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 <p>Byju's, an educational company, has confirmed that 262 of its centers are entering their third year of operation, contradicting rumors of their closure. Earlier reports speculated that Byju's was planning to shut down 200 out of its 300 national centers in a bid to cut costs, but the company has denied these claims. Byju's aspires to set new benchmarks in hybrid learning through a blend of online and offline modes.</p>
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Byju's clarifies rumors on tuition center shutdowns

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 <p>Accelerate Learning collaborates with CloudLabs to offer CloudLabs Virtual STEM, an educational tool featuring over 600 gamified simulations and 135 learning units across STEM fields. The simulations provide immersive virtual lab experiences for students, exploring real-world challenges. CloudLabs Virtual STEM can be integrated into Accelerate Learning's STEM curricula or used independently.</p>
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Accelerate Learning and CloudLabs collaborate to enhance STEM education through virtual simulations

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 <p>In light of a liquidity problem and investor disagreements, Byju's has chosen to shut down all its offices except for the Bengaluru headquarters. This shift towards remote work is a part of the company's strategic plan to navigate through its financial challenges.</p>
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All Updates

PowerSchool Holdings introduces 'PowerBuddy' AI solutions for learning and assessment

Byju Raveendran resumes CEO role as Byju's navigates restructuring challenges

Pearson launches tuition-free online Connections Academies in three states

Byju's lays off 500 employees amid restructuring and cash crunch

IXL Learning acquires Dictionary.com and Thesaurus.com to strengthen language and literacy portfolio

Pearson announces new Connections Academy online public school programs in three states

GoStudent achieves profitability after rapid scaling and major cost cuts

Byju's clarifies rumors on tuition center shutdowns

Accelerate Learning and CloudLabs collaborate to enhance STEM education through virtual simulations

Byju's shuts offices in response to impending liquidity issue

EdTech: K-12

PowerSchool Holdings introduces 'PowerBuddy' AI solutions for learning and assessment

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