edX Named to Fast Company's 2024 List of "Most Innovative Companies" for AI Advancements in Education
Wednesday, March 27, 2024
2U's global online learning platform recognized for AI innovations spanning online education programs, technology, and enterprise learning solutions
LANHAM, Md., March 19, 2024 /PRNewswire/ -- edX, the global online learning platform from 2U, Inc. (Nasdaq: TWOU), has once again been included on Fast Company's annual list of the World's Most Innovative Companies. This list recognizes companies that are transforming business, shaping society, and paving the way for the innovations of tomorrow. For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.
As a part of 2U, edX connects more than 83 million people with access to high-quality online education. Together with leading universities and businesses around the world, 2U offers thousands of job-relevant programs on the edX platform across nearly every career discipline, from AI and robotics to sustainability and public health.
edX's inclusion in this year's list is a result of 2U's innovations in AI that seek to enhance and improve learners' experiences. These innovations demonstrate how 2U continues to propel the future of learning and work forward and quickly adapt to deliver the world's most in-demand skills training on edX.
"edX's recognition on Fast Company's list of the World's Most Innovative Companies underscores our commitment to leveraging artificial intelligence to revolutionize education," said Anant Agarwal, 2U's Chief Academic Officer, Founder of edX, and former Director of CSAIL, MIT's Computer Science and Artificial Intelligence Laboratory. "Through our AI advancements, we're not just shaping the future of learning, but empowering individuals worldwide to thrive in the age of AI."
In 2023, 2U moved quickly to harness the power of generative AI to equip learners with the knowledge and skills needed to succeed in the era of AI. These innovations include using technology from OpenAI to give learners on edX more ways to discover career-relevant education pathways, receive learning assistance, and access real-time support:
-- edX Xpert serves as a learner's personal tutor and assistant on edX.org.
In a growing number of open courses, learners can ask Xpert to provide
summaries of video lectures and text material, break down complex
concepts, answer follow-up questions, recommend modules for review, and
provide practice tests. To date, over 600,000 unique learners and
edX.org site visitors have engaged with Xpert and asked over 350,000
questions.
-- The edX ChatGPT Plugin makes descriptions and links for all courses and
programs on edX discoverable to potential learners directly within
ChatGPT. Partners that have created audit track courses on edX can also
opt-in to allow ChatGPT users to search and learn directly from their
course content.
Over the past year, 2U has leveraged its scale and technology expertise to mobilize university and corporate partners to substantially grow our portfolio of online AI learning programs that reflect our commitment to access and affordability. 2U offers over 450 programs with AI-related content on edX to serve learners at every experience and investment level, from free to degree, including:
-- A disruptively priced $10K online master's degree in AI
-- AI boot camps from over a dozen partners, designed to educate early to
mid-career professionals in practical and technical skills across data
science, machine learning, and AI
-- A suite of ChatGPT open courses--all free to audit--including
Introduction to ChatGPT and Prompt Engineering and Advanced ChatGPT
-- Updated professional certificate and executive education programs like
Computer Science for AI and AI Implications for Business Strategy that
include content on in-demand topics including generative AI
-- The edX AI Academy, a curated selection of programs from our edX For
Business catalog that aligns with vital capability areas and skills
required for enterprises to harness AI's potential
2U also partnered with research firm Workplace Intelligence to understand the needs and challenges that professionals and business leaders face amid the precipitous rise of AI in work and learning. The findings, published in Navigating the Workplace in the Age of AI, illustrate how AI continues to rapidly change the way that professionals at all levels of an organization must think about their role and upskilling/reskilling.
The report found that executives estimate that nearly half (49%) of the skills that exist in their workforce today won't be relevant in 2025, and they feel 47% of their workforce is unprepared for the future of work. The report continues to serve as a tool for employers looking to establish AI learning and development programs and for individuals seeking to understand how they can use AI to drive career success.
Fast Company's Most Innovative Companies issue is now available online.
About 2U
2U is a global leader in online education. Guided by its founding mission to eliminate the back row in higher education, 2U has spent over 15 years advancing the technology and innovation to deliver world-class learning outcomes at scale. Through its global online learning platform edX, 2U connects more than 83 million people with thousands of affordable, career-relevant learning opportunities in partnership with over 260 of the world's leading universities, institutions, and industry experts. From free courses to full degrees, 2U is creating a better future for all through the power of high-quality online education. Learn more at 2U.com.
Media Contact:
media@2u.com
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SOURCE 2U, Inc.
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