The Khanmigo AI tool provides personalized tutoring for students and insights for teachers in various subject areas, including computer science. Users can sign up for the waitlist to test and provide feedback on the tool. The tool is part of Khan Academy, a nonprofit organization that provides free education resources worldwide. Donations are accepted to support the development of Khanmigo and other online education resources. The tool is currently in a pilot phase, and new features will be rolled out to testers and announced via email and social media.