Week in Edtech 12/16/2024: OpenAI’s Sora Launches, The Era of Multimodal AI, AI Wars Heat Up, Texas Curriculum Changes, Declining Public School Enrollment, $175M AI Investment in HE and More! Feat. Henrik Appert of Magma Math and Alex Linley of Cappfinity

Dec 23, 2024

Join Alex Linley, Co-CEO of Cappfinity, and Henrik Appert, Founder of Magma Math, as they delve into transformative trends in education. They discuss the innovative capabilities of OpenAI’s Sora and the competitive race among tech giants in developing multimodal AI. The impact of Texas's new curriculum policies and declining public school enrollment on EdTech is explored. Linley highlights a shift towards skills-based hiring, while Appert shares insights on improving math education through AI, showcasing new opportunities in the evolving learning landscape.

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INSIGHT

Multimodal AI Rising

Multimodal AI is expanding beyond text and images to include video generation.
This creates opportunities in education for cheaper and easier video information delivery.

INSIGHT

AI Players and Niches

Major AI players like Google, OpenAI, Microsoft, and Meta are finding their niches.
Microsoft excels in coding tools, Meta in open source, and Google integrates AI broadly.

ADVICE

Using Multiple AI Models

Don't assume you'll only use one AI model; explore different models for various purposes.
API enablement for multiple models allows for ongoing experimentation and quality testing.

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With the holiday break just around the corner, join hosts Alex Sarlin and Ben Kornell for a timely look at the latest developments in education technology. From exciting AI advancements to shifts in curriculum policy, this episode captures the key trends shaping the future of learning.

✨ Episode Highlights:

[00:03:16] 🧠 OpenAI's New AI Tool "Sora" Makes Waves in Video Generation
[00:06:01] 🎥 The Era of Multimodal AI: Google, Meta, and Microsoft Compete on Video and Agents
[00:08:05] 🔍 Who’s Winning the AI Wars? Exploring AI Specialization
[00:18:14] 🏫 Texas Education Agency’s New Curriculum Policies – What It Means for EdTech
[00:25:55] 📉 Declining Public School Enrollment: Implications for K-12 and EdTech
[00:27:05] 🌍 Global EdTech Trends: European VCs Raise Big Funds Amidst U.S. Challenges
[00:28:27] 🚀 $175M Investment in AI for Higher Education by Element451
[00:32:13] 💼 Workforce Upskilling Revolution: SaaS Startups Receive Major Investments
[00:33:40] 📊 EdTech Year-End Reports Show Optimism in AI-Driven Upskilling

Plus, special guests:

[00:35:33] 🎙️ Alex Linley, Co-CEO of Cappfinity, discusses the future of skills-based hiring and education.
[00:54:34] 🎙️ Henrik Appert, CEO of Magma Math, shares insights on their award-winning math platform and recent $40M funding round.

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🎉 Presenting Sponsor:

This season of Edtech Insiders is brought to you by Starbridge. Every year, K-12 districts and higher ed institutions spend over half a trillion dollars—but most sales teams miss the signals. Starbridge tracks early signs like board minutes, budget drafts, and strategic plans, then helps you turn them into personalized outreach—fast. Win the deal before it hits the RFP stage. That’s how top edtech teams stay ahead.

This season of Edtech Insiders is once again brought to you by Tuck Advisors, the M&A firm for EdTech companies. Run by serial entrepreneurs with over 25 years of experience founding, investing in, and selling companies, Tuck believes you deserve M&A advisors who work as hard as you do.