Encyclopedia Britannica Is Now an AI Company

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The 200 year-old company may soon go public on the back of AI-powered education products.

Once an icon of the 20th century seen as obsolete in the 21st, Encyclopaedia Britannica—now known as just Britannica— is all in on artificial intelligence, and may soon go public at a valuation of nearly $1 billion, according to the, the company’s books served as the oldest continuously published, English-language encyclopedias in the world, essentially collecting all the world’s knowledge in one place before Google or Wikipedia were a thing.

While it still offers an online edition of its encyclopedia, as well as the Merriam-Webster dictionary, Britannica’s biggest business today is selling online education software to schools and libraries, the software it hopes to supercharge with AI. That could mean using AI to customize learning plans for individual students. The idea is that students will enjoy learning more when software can help them understand the gaps in their understanding of a topic and stay on it longer.

Similar to the rise of Wikipedia before, it seems many people appreciate the access and convenience of ChatGPT, even if they know it cannot be trusted entirely. Chegg has long had an online Q&A platform for homework help where users can pay to submit questions and get answers back. But during the pandemic it saw a flood of new users, threw contractors at answering new questions, and simply could not keep up with ChatGPT.

Perhaps the prestigious brand and legacy of Britannica will help it succeed in this new age where chatbots are still apt to return wrong information. It seems like schools are at least willing to pay for access to something they are more confident in.Donald Trump Threatens Panama With AI Image of U.S. Flag in CanalThe country's defense ministry has said it is able to spot 12,000 Russian pieces of equipment a week using AI identification tools.

Even using random capitalization in a prompt can cause an AI chatbot to break its guardrails and answer any question you ask it.Instagram Will Soon Let You Transform Your Stories With Text-to-Video AI SlopThe state's charter school board approved an application on Monday from Unbound Academy to open a school with a two-hour per day academic curriculum set by AI.

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