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Saint Augustine's AI Certs Amid Bankruptcy | Raleigh News
Saint Augustine’s University is racing to launch AI certification programs by September amid a Chapter 11 bankruptcy, having dropped its accreditation fight and developed seven new courses — though enrollment details remain murky. With a $300K monthly burn rate, the court demands clearer financial plans and cost-benefit analysis, while lender Self-Help Ventures Fund calls the spending “somewhat alarming” and seeks assurance all expenses are essential. Meanwhile, the school seeks to pause a lawsuit over alleged discrimination against former board members, arguing it can’t afford legal battles…
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