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"An organization established by MIT and Harvard University that will develop an open-source technology platform to deliver online courses. EdX will support Harvard and MIT faculty in conducting research on teaching and learning on campus through tools that enrich classroom and laboratory experiences."

In what is shaping up as an academic Battle of the Titans - one that offers vast new learning opportunities for students around the world - Harvard University and the Massachusetts Institute of Technology on Wednesday announced a new nonprofit partnership, known as edX, to offer free online courses from both universities.