Tuesday, January 24, 2012

Stanford's open courses spun to for-profit venture

A pair of part-time Stanford instructors who co-taught the most successful of the open courses, on artificial intelligence, now intend to put the importance of the institutional brand to the test. They are co-founders of a company that will offer two similarly “open” courses beginning in February, this time independently of the Stanford name.
The company, called Know Labs, has funding from Charles River Ventures and aspires to be a for-profit enterprise that offers high-quality college courses on the cheap to tens of thousands of students at a time through an online learning portal called Udacity.

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