Here's a story that caught my eye in the Chronicle of Higher Ed, about the purchase of Turnitin, known so far primarily for plagiarism detection software:
Why a Plagiarism-Detection Company Is Now a Billion-Dollar Business
"Stamping out student plagiarism is big business. How big? $1.735 billion, to be exact. That’s the price that Advance, a privately held media, communications, and technology company, will pay to purchase Turnitin, the 800-pound gorilla of plagiarism-detection services.
...
"While its roots are in plagiarism detection, Turnitin actually has a broader portfolio. For example, it owns Gradescope, which offers AI-assisted grading tools, and Lightside Labs, which uses machine learning to provide feedback on students’ writing.
Chris Caren, chief executive of Turnitin, said the company’s next step is to become a platform for colleges and high schools to submit all types of student assignments, digital or on paper. It would then use AI to help instructors review that work to, among other things, spot at-risk students and devise remediation plans. The company is also developing Turnitin’s software to branch out into the STEM fields and detect plagiarism in coding, for example. In other words, it hopes to become a one-stop shop for all sorts of tech-driven teaching services."
Why a Plagiarism-Detection Company Is Now a Billion-Dollar Business
"Stamping out student plagiarism is big business. How big? $1.735 billion, to be exact. That’s the price that Advance, a privately held media, communications, and technology company, will pay to purchase Turnitin, the 800-pound gorilla of plagiarism-detection services.
...
"While its roots are in plagiarism detection, Turnitin actually has a broader portfolio. For example, it owns Gradescope, which offers AI-assisted grading tools, and Lightside Labs, which uses machine learning to provide feedback on students’ writing.
Chris Caren, chief executive of Turnitin, said the company’s next step is to become a platform for colleges and high schools to submit all types of student assignments, digital or on paper. It would then use AI to help instructors review that work to, among other things, spot at-risk students and devise remediation plans. The company is also developing Turnitin’s software to branch out into the STEM fields and detect plagiarism in coding, for example. In other words, it hopes to become a one-stop shop for all sorts of tech-driven teaching services."
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