🏫 England Teacher Vacancies Up 80%. Global Weight Loss Drug Market. VC in AI for US >5x China's.

Marhaba 🕌

George Mason University launches NuScale Energy exploration centre. Three University of Tennessee Campuses awarded rural health grants to strengthen state’s health care workforce. Google commits $13M to boost Canada's AI workforce development. GlobalFoundries commits $16B to expand New York, Vermont semiconductor factories.

University of Michigan and Google Launch AI Virtual Teaching Assistant for higher education. Amazon to invest $10B in NC for cloud, AI, jobs, and training programs. McGraw Hill and Pearson partner to integrate assessments into K-12 curriculum for personalized learning.

Today's Topics

🏫 K12 Education. Teacher vacancies in England grew by 80%
⚕️ Healthcare. US weight loss drug sales were 2x those of other regions
🤖 Artificial Intelligence. The US leads China 5× in AI investment

Thanks for reading!

Not a subscriber yet?

🏫 Teacher Vacancies in England Grew by 80%

Teacher vacancies in England reached a record high of nearly 3K in 2023 and continue to rise, driven by worsening working conditions, pay concerns, and a 12-month training period that delays new hires until after the academic year begins. In response, the UK government plans to reduce postgraduate teaching apprenticeship (PGTA) courses from 12 to 9 months, aligning training with the academic year. This change aims to accelerate recruitment and bring in an additional 6,500 teachers to ease staffing pressures.

⚕️ US Weight Loss Drug Sales Were 2x Those of Other Regions

The weight loss drug market surpassed $20B in sales in 2023 and is expected to continue growing. However, rising competition and a US announcement in May to slash drug prices by nearly 60% are expected to push prices lower. Once dominated by a few players, the market is now seeing rivals successfully develop similar medicines. This shift has impacted major firms like Novo Nordisk, whose CEO recently stepped down amid rising pressure. These changes are set to reshape the industry.

🤖 The US Leads China 5× in AI Investment

Venture capital (VC) investment in artificial intelligence has reached record highs globally, with the US accounting for over 70%. US VC funding in AI is now five times that of China and continues to grow, while China’s is gradually declining. Despite this, China still ranks high globally and is diversifying into other tech sectors. Budget cuts to US national foundations may slow future AI research and future investments. Still, with higher investments and innovations, both nations remain at the forefront of AI development.

Like getting this newsletter? Request a demo for unlimited access to over one million charts

Thank you for reading. Have a great week ahead!
Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com