Coursera backs co-founder Andrew Ng's new AI education firm with $100 million investment

Close Top Stories Asia East Asia Singapore World Commentary CNA Explains Sustainability Business Sport Latest News Insider TODAY Big Read Up Close In Pixels Ground Up Voices Adulting Mental Health Matters Watch Live TV News Reports Documentaries & Shows TV Schedule Listen CNA938 Live Podcasts Radio Schedule Special Reports Singapore Parliament Mental Health Interactives Lifestyle Entertainment Women Wellness Living Style & Beauty Dining Travel Luxury Experiences Obsessions People Remarkable Living Sustainability Newsletters CNA Eyewitness Send us a news tip Events & Partnerships Branded Content Business Blueprint Health Matters The Asian Traveller Brand Studio Learning Minds Weather Edition: Singapore Indonesia Asia World Search Trending Topics CNA Explains China artificial intelligence Indonesia Malaysia podcasts Wellness Thailand Japan Follow CNA Follow our news Facebook X Youtube LinkedIn RSS Close Top Stories Asia East Asia Singapore World Commentary CNA Explains Sustainability Business Sport Latest News Insider TODAY Big Read Up Close In Pixels Ground Up Voices Adulting Mental Health Matters Watch Live TV News Reports Documentaries & Shows TV Schedule Listen CNA938 Live Podcasts Radio Schedule Special Reports Singapore Parliament Mental Health Interactives Lifestyle Entertainment Women Wellness Living Style & Beauty Dining Travel Luxury Experiences Obsessions People Remarkable Living Sustainability Newsletters CNA Eyewitness Send us a news tip Events & Partnerships Branded Content Business Blueprint Health Matters The Asian Traveller Brand Studio Learning Minds Weather Edition: Singapore Indonesia Asia World Search Trending Topics CNA Explains China artificial intelligence Indonesia Malaysia podcasts Wellness Thailand Japan Follow CNA Follow our news Facebook X Youtube LinkedIn RSS Recent Searches Trending Topics CNA Explains China artificial intelligence Indonesia Malaysia podcasts Wellness Thailand Japan Advertisement Advertisement Advertisement Business Coursera backs co-founder Andrew Ng's new AI education firm with $100 million investment Andrew Ng, Managing General Partner of AI Fund, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. REUTERS/Denis Balibouse 29 Jul 2026 04:09AM Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST.

Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SAN FRANCISCO, July 28 : Andrew Ng, co-founder of online learning platform Coursera, on Tuesday announced a new artificial intelligence startup focused on teaching white-collar workers new skills to stay relevant as AI reshapes the world of professional work.

The startup, LearnVector, is backed by a $100 million investment from Coursera. Ng said he founded LearnVector because he thinks the popular belief that artificial intelligence will replace workers is misguided and white-collar workers simply need to learn new skills that keep them essential as AI automates more tasks. Conventional wisdom holds "that AI will replace people, and I believe in the opposite," Ng said in an interview.

CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less “AI will be the greatest force in accelerating human development if we do it right, and rather than ... creating a job apocalypse, I think AI will make people a lot more productive and create fresh demand for skills.”Ng, a computer scientist, general partner at AI Fund and an Amazon.

com director, is hiring engineers for his new company, he said. Coursera is the lead investor in LearnVector, and Ng declined to identify other possible investors or LearnVector's total funding needs. He is expected to join Coursera’s second-quarter earnings call on Wednesday to discuss the funding.

Coursera, which launched in 2012, offers classes and certificate programs created by universities and companies in topics like project management, cybersecurity and financial markets. In the interview, Ng said LearnVector was still working out course offerings, pricing and user interface. But the company, which is using AI foundation models from a variety of third parties, expects to offer its first courses early next year.

Coursera's investment gives it one-third of LearnVector, suggesting a value of about $300 million for the company. While that figure is relatively small compared with multi-billion-dollar Silicon Valley deals, Coursera is betting about 13 per cent of its $790 million in cash available at the end of March.LearnVector will use AI to develop individualized courses for white-collar work