Coursera, an online learning platform, has invested $100 million in LearnVector, a new artificial intelligence startup founded by its co-founder Andrew Ng. LearnVector aims to teach white-collar workers new skills to stay relevant as AI reshapes the world of professional work.
LearnVector’s Mission
Ng believes that the popular belief that artificial intelligence will replace workers is misguided and that white-collar workers simply need to learn new skills to remain essential as AI automates more tasks. LearnVector will use AI to develop individualized courses for white-collar workers that can track progress and become more advanced over time as pupils grow more proficient.
Coursera’s investment gives it one-third of LearnVector, suggesting a value of about $300 million for the company. LearnVector will use AI foundation models from a variety of third parties and expects to offer its first courses early next year.
Coursera and LearnVector will partner to sell and develop their courses together. Companies like Amazon, Meta, and Block have attributed large recent job cuts in part to AI-driven efficiencies, though some studies have suggested other causes, such as a weakening economy.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
