Harvard and MIT Launch Education Nonprofit Using Proceeds From edX Sale, Tap Stephanie Khurana as CEO | News | The Harvard Crimson

"Stephanie R. Khurana will serve as chief executive officer of Axim Collaborative, a new nonprofit launched by Harvard University and MIT, the organization announced in a press release Thursday morning. Axim Collaborative, previously known as the Center for Reimagining Learning, is a nonprofit created by the two universities using proceeds from their sale of the jointly owned education platform edX. An online learning initiative started by Harvard and MIT in 2012, edX was sold to Maryland-based tech startup 2U, Inc. for $800 million in 2021. Axim aims to make learning more accessible, effective, and engaging by building on edX’s “commitment to educational equity,” according to the press release. The nonprofit will focus initial efforts on supporting post-secondary education for underserved groups...."