Wednesday, May 2, 2012

Harvard and MIT Launch $60M Non-Profit Online EdX Platform


Harvard and the Massachusetts Institute of Technology today are launching a non-profit, open-sourced joint online learning venture called EdX, with the first courses to start in the fall of this year.
Basically, Harvard is jumping in as an equal partner to a previously announced project called MITx, with each school putting up $30 million in funding and contributing faculty leaders.
The two Boston area schools are essentially leapfrogging Stanford University, where a set of online classes last year gave rise to the creation of two for-profit companies led by the Stanford professors who taught the classes — Sebastian Thrun’s Udacity and Daphne Koller and Andrew Ng’s Coursera. Stanford is still figuring out its own approach to online learning.

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