Loora wants to leverage AI to teach English

Of the professions in danger of being replaced by AI, language teacher is certainly up there. That’s not necessarily because it’s a good idea. AI, some employers have decided — including Duolingo, recently — is a reasonable enough stand-in for human experts when it comes to language instruction. Despite the fact that AI-translated text tends…

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Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed

Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group and some of its largest shareholders. The Bengaluru-headquartered startup, valued at $22 billion in its last financing round in early 2022, announced last month…

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