Swiss electronic technology company Avallain today announced that it has acquired the Generative AI toolset TeacherMatic.
Avallain’s products enable publishers to use generative AI to meet educational, legal and business requirements. Current customers can take advantage of new tools to automate parts of the editorial workflow while putting editors and training designers in firm control of the process.
Over the last year, UK startup TeacherMatic has developed and curated sets of AI tools to support educators around the world, from lesson plans and flashcards to work plans and quizzes. multiple choices – alignable with programs – in one click.
The partnership forms the basis for a forward-thinking and ethical application of generative AI for education.
Ursula Suter, co-founder and executive chairman of Avallain, says:
“We view this agreement with TeacherMatic as a crucial step in countering the key risks associated with generative AI while also benefiting educators and education in general, in a way that will ensure educational publications and research outcomes. high-quality learning.
For many years, we have been offering well-founded and thoughtful educational innovation. We will continue to do this and more with TeacherMatic. Our product line achieves high quality education and commercial viability, successfully for all parties involved.
Peter Kilcoyne, MD at TeacherMatic, comments:
“TeacherMatic was created by a group of lifelong educators to make generative AI available and accessible to all teaching staff to help reduce workload and improve creativity.
We are delighted to have been acquired by Avalllain, whose expertise and experience in education and technology will significantly enhance our future developments, improve TeacherMatic as a platform and engage us in new markets around the world .
We see the ethical, technical and educational principles that drive Avallain and TeacherMatic, making this a partnership that will benefit both organizations, our customers and all the teachers and students of the organizations we support.
The exact purchase price of the acquisition and other financial and logistical details have not been made public.
Avallain also officially announced the Avallain Lab, which provides research and rigor around product development for partners covering everything from learner analytics and accessibility to the ethical applicability of AI for learners.
The lab will support current partners and operate commercially in partnership with other institutions exploring innovation in educational contexts. It welcomes global collaborators.
Main image: Ignatz Heinz (president and co-founder), Ursula Suter (executive president and co-founder), Alexis Walter (MD), Monika Morawska (COO), Rahim Hirji (executive vice president). Image: © Mario Baronchelli.
