Financial Data and Key Metrics Changes - In 2025, the company achieved a revenue growth of 4% and a profit increase of 6%, with adjusted EPS rising by 4% to GBP 0.645, reflecting solid trading performance despite currency headwinds [42][44] - The adjusted operating profit margin expanded from 16.9% to 17.2%, driven by operating leverage from sales growth and continued cost savings [42][46] - Free cash flow conversion was strong at 125%, including state aid recovery, and 98% without it, supporting a 5% increase in dividends [42][48] Business Line Data and Key Metrics Changes - Assessments and qualifications delivered solid performance with growth accelerating in H2, particularly in Q4, contributing to a 4% overall growth [44][46] - Virtual learning saw a strong performance, with sales up 18% in H2 and fall enrollments increasing by 13% [44] - Enterprise learning and skills grew by 6%, with a notable 20% growth in enterprise solutions in Q4 [44][46] Market Data and Key Metrics Changes - The English language learning segment maintained revenue levels despite a 15% decline in global market volumes, indicating market share gains [12][44] - The higher education segment showed improved growth, with expectations for further growth in 2026 supported by product and platform innovation [51] Company Strategy and Development Direction - The company is focused on leveraging mega trends such as demographic shifts and AI to drive demand for skilling and validation of skills, positioning itself as a leader in lifelong learning [3][9] - The strategy includes enhancing core businesses while investing in faster-growing segments like early careers and enterprise skilling [11][36] - The company aims to continue embedding AI-driven innovation across its products and services to improve learning experiences [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the future, citing strong secular demand driven by ongoing demographic shifts and advancements in AI [3][9] - The company anticipates continued growth in 2026, with a financial profile expected to improve further [2][41] - Management highlighted the importance of trust and verified skills in an AI-driven era, positioning the company to benefit from these trends [8][80] Other Important Information - The company has established nine significant partnerships with leading technology firms, which are expected to contribute to future revenue growth [23][24] - The company is investing in modernizing its higher education platforms, which will lead to a one-off impairment but is expected to generate long-term profit improvements [47][50] Q&A Session Summary Question: Can you provide more detail on the moving parts of A&Q growth in 2026? - Management acknowledged the impact of the New Jersey contract loss and indicated that without it, growth could be higher than the guided 4% [66][68] Question: Is there a strong pipeline for potential new contracts going forward? - Management confirmed a strong pipeline with new contracts in various states and partnerships with major tech companies [69][71] Question: What are the primary risks identified regarding generative AI? - Management noted that while there are risks from free AI tools, Pearson's focus on trusted, validated skills positions it well in the market [78][80] Question: What is driving the significant improvement in virtual learning margins? - Management attributed margin improvements to operating leverage and indicated that this trend is expected to continue [85] Question: How is pricing evolving across the businesses? - Management indicated strong pricing power, allowing the company to retain cost savings without significant pressure to pass them on to clients [85] Question: Why is McGraw Hill growing quickly, and can Pearson bridge the gap? - Management acknowledged McGraw Hill's growth but expressed confidence in Pearson's ability to improve its growth rate through innovation and strategic investments [86]

The Interdisciplinary UG programme integrates business decision-making with data science to prepare future-ready professionals & offers flexible, accessible IIT-quality educationIndian Institute of Technology Madras (IIT Madras) on Saturday launched a new Bachelor of Science (BS) in Management and Data Science, an interdisciplinary undergraduate programme offered by the Department of Management Studies (DoMS), IIT Madras. This is designed to equip learners with expertise in business decision-making, quantit ...

I'm going to go out on a limb and say that most people in the audience might be over the age of 22. Now, if this is the case, what if I told you if you're over the age of 22, you're now going to need to leave this learning space because it's only for individuals 21 years old and younger. Kind of outrageous, right? However, this is the message that a large sector of a particular population of our citizens hears every day. And who might they be? individuals with intellectual and developmental disabilities or ...

Core Insights - Skillsoft (SKIL) and Udemy (UDMY) are direct competitors in the online learning and corporate training sector, focusing on workforce development and lifelong learning [1] Group 1: Skillsoft (SKIL) - Skillsoft experienced a turbulent growth trajectory, with a 6% year-over-year revenue decline in Q3 of fiscal 2026, primarily due to an 18% drop in the Global Knowledge (GK) segment, which constitutes 22% of total revenue [2][3] - The GK segment incurred a $20.8 million non-cash goodwill impairment loss, resulting in a $4.9 million adjusted net loss, prompting management to consider strategic alternatives for this segment [3] - The Talent Development Solutions (TDS) segment saw a 2% year-over-year decline, but management remains optimistic about its AI-native roadmap, having signed its first four large enterprise customers [3] - Cost reductions led to a $28 million adjusted EBITDA, despite a 130 basis points dip in adjusted EBITDA margin year-over-year, indicating resilience amid declining GK revenues [5] - Skillsoft is trading at a forward P/E ratio of 1.92, significantly lower than Udemy's 10.25, making it more attractive to investors [12] Group 2: Udemy (UDMY) - Udemy reported $195.7 million in revenue for Q3 of 2025, reflecting a marginal year-over-year increase, with subscription revenues growing 8% and accounting for 74% of total revenues [6] - The company achieved an 88% year-over-year increase in paid subscribers in the consumer segment, alongside a 2% rise in total enterprise customers, attributed to AI integration and a focus on high-value recurring revenue streams [7] - Udemy's adjusted EBITDA margin expanded by 600 basis points to 12%, driven by operational discipline and a shift towards high-margin subscriptions [7] - Despite these positives, Udemy faces challenges, including a 5% year-over-year increase in Udemy Business revenues and a net dollar retention rate of 93%, impacted by the downsizing of legacy contracts [8] - The consensus estimate for Udemy's 2026 sales is $806 million, reflecting a 2.2% year-over-year increase, while EPS is projected to decline by 5.5% [11] Group 3: Investment Recommendation - Skillsoft is recommended for investment due to its lower valuation and potential for long-term returns as it focuses on becoming a leaner AI-first entity [14][16] - Udemy is advised to be retained for now, pending further justification of revenue growth from customer and subscriber increases [16]

From reading an abaca to sharing with you my own version of a let me tell you something. When was the last time that you really wanted to learn something new. Not because your teacher asked you to or your immediate superior required you but because you really wanted to learn something new.Most of us we see getting our diploma as end of the line when it comes to learning. But let me tell you today it is not. It is only the beginning.Growing up I have seen how education changed the lives of the people around ...

Core Insights - Genius Group Limited is planning to develop Genius City and Genius Future School in Bali, Indonesia, with a 50% increase in project size to create interconnected hubs for students and adults to learn future skills [1][18] - The project aims to redefine lifelong learning in a post-Singularity world, focusing on AI, Bitcoin, and community [4] - The completion of Genius City is scheduled for late 2027, with a vision to replicate the model globally [3][23] Project Details - The Genius City will feature a Living Hub, Learning Hub, and Student Hub, designed to foster collaboration between students and professionals [1][9][16] - The Living Hub will include a 100-key MICE hotel with access to advanced AI, VR, and Web3 labs [9] - The Learning Hub will have an 800-seat multi-purpose dome and facilities for future leaders and entrepreneurs [11] Financial Model - The total project cost is estimated at $27.3 million, with a target revenue of $19.8 million and profit of $5.8 million by year three [20] - The enterprise value is projected to reach $46.4 million, with plans to raise $19.7 million through a mix of debt and tokenized Real World Asset funding [20] - The financial model has been updated from previous projections, indicating growth in expected revenues [22] Strategic Vision - Genius Group aims to create 100 Genius Cities worldwide to prepare communities and companies for future challenges [23] - The company serves 6 million users across over 100 countries, providing AI-powered education and acceleration solutions [24]

[music] There is a devil's bargain between teacher or professor and student, which is the less work they both do, the happier they both are. And AI can turbocharge that like nothing else. The majority of the incoming class in the Ivy League for the last 30 years were millionaires coming in.That is who these universities select. Fore [music] 23 and me are Turns out that lecture is the least effective way to educate. People remember 1% of what they heard in a lecture.The second least effective way is reading ...

Personal Development & Mindset - The speaker emphasizes the importance of self-belief as a catalyst for change and success, suggesting it's a small decision with the potential to alter one's trajectory [11][12][25] - Overcoming self-imposed limitations and negative labels is crucial; these labels are likened to market sentiments that can change [5][6][26] - The narrative highlights the significance of focused, smart work over sheer hard work, suggesting it can multiply efforts [16] - Diversification of experiences, akin to diversifying investments, is presented as a key to building adaptability, resilience, and perseverance [18][19][20][22] Education & Career - The speaker's journey illustrates a transformation from academic struggles to achieving top ranks, emphasizing that failure in exams doesn't equate to failure in life [1][3][7][14][15] - A pivotal moment involving a supportive professor and a course that sparked genuine interest led to a turning point in academic performance [8][9][10][11] - The speaker advocates for being an all-rounder, viewing extracurricular activities and diverse experiences as investments that pay dividends [21][22] Life Lessons & Investing Analogy - The speaker draws parallels between life and investing, highlighting the power of compounding, where small consistent gains lead to extraordinary results [12] - Consistency is valued over peak performance, mirroring the importance of stable earnings and sustained performance in evaluating companies for investments [14] - The speaker encourages individuals to be their own first believers and investors, emphasizing the potential for outsized returns from self-investment [25]

天。坚持“五个一小时”的硬核养生：跳舞、拉琴、读书、打球、陪老伴散步，还学会了上网冲浪、喝奶茶、和年轻人聊心事！ 他说：“心不老人就不老”。他用温暖回应迷茫青年的私信，用开放拥抱每一份不同，用平等支持孙女考研追梦...王爷爷用行动证明：真正的青春，不在年龄，而在心态。 89岁退休教师，热爱舞蹈、篮球、乒乓球、二胡等多项兴趣，生活丰富多彩。退休后积极参与社区活动，并通过小红书分享日常，跨越年龄与年轻人交流，传递积极生活态度。他用行动诠释“活到老，学到老，乐到老”，展现好奇心与热爱如何让心永远年轻，激励更多人享受精彩人生。 This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx ...

Core Viewpoint - Online learning is seen as a key pathway to achieving higher levels of intelligence, such as L4+ or AGI, by enabling models to dynamically iterate and generate new knowledge beyond existing human knowledge [4][5][6]. Group 1: Importance of Online Learning - Online learning is expected to lead to new scaling laws for models, significantly enhancing their performance on long-term tasks, which is crucial for AGI [4]. - The ability of models to self-explore and self-reward during the exploration process is essential for surpassing human knowledge limits [5]. - A balance between exploration and exploitation is necessary for models to autonomously generate new knowledge [5]. - Online learning is necessary for complex tasks, such as writing research papers or proving theorems, where continuous learning and adjustment are required [5]. Group 2: Practical Examples and Insights - Cursor's code completion model training process exemplifies online learning, utilizing real user feedback for iterative updates [6]. - The interaction data between humans and AI can enhance intelligence, with short-term tasks providing clearer feedback compared to long-term tasks [8]. - Cursor's approach may not fully represent online learning but resembles lifelong learning or automated data collection with periodic training [9]. Group 3: Conceptual Definitions and Non-Consensus - Online learning is not a singular concept and can be divided into Lifelong Learning and Meta Online Learning, each with distinct characteristics and challenges [12][10]. - Lifelong Learning focuses on clear goals and methods, while Meta Online Learning seeks to optimize test-time scaling curves but lacks clarity in methods [12][10]. - Two technical paths for online learning exist: direct interaction with the environment for Lifelong Learning and enhancing Meta Learning to facilitate Lifelong Learning [13]. Group 4: Challenges and Mechanisms - Online learning heavily relies on reward signals, which can be sparse and single-dimensional, complicating the learning process [23]. - The challenge of obtaining clear reward signals in complex environments limits the applicability of online learning [23][25]. - The distinction between online learning and online reinforcement learning (RL) is crucial, as online learning emphasizes continuous adaptation rather than just model updates [18][19]. Group 5: Memory and Architecture Considerations - Memory is a critical component of online learning, allowing models to adapt and improve without necessarily updating parameters [66][68]. - Future models should possess autonomous memory management capabilities, akin to human memory systems, to enhance learning efficiency [69]. - The architecture must support continuous data collection and influence model outputs, ensuring that interactions lead to meaningful learning [30][32]. Group 6: Evaluation Paradigms - New evaluation paradigms for online learning should include real-time adaptation and interaction, moving beyond static training and testing sets [95][96]. - The performance improvement rate during interactions can serve as a key metric for assessing online learning capabilities [90][92]. - Testing should incorporate both interaction and adaptation phases to accurately reflect the system's learning ability [97].