American Public Education stock rises on Salesforce AI deal

American Public Education Inc (APEI) shares increased by 2% in after-hours trading after announcing a partnership with Salesforce to develop an AI-powered Student Lifecycle Platform. The platform, set to roll out starting in 2027, aims to unify the student experience across APEI's academic units, including American Military University, American Public University, Rasmussen University, and Hondros College of Nursing.

The platform will incorporate Salesforce’s Trust Layer for data protection and leverage AI agents to support staff and students with various functions such as admissions, financial aid, advising, tutoring, and career services. Angela Selden, President and Chief Executive Officer of APEI, stated that the collaboration aligns with their vision of expanding access to high-quality education.

The rollout will begin with Rasmussen University and Hondros College of Nursing in Q1 2027, with completion expected across all units by the first half of 2028.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.