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C3 AI CEO Tom Siebel Joins GridWise Advisory Council to Aid Drive for Investments in National Power System

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C3 AI announced that its Chairman and CEO, Tom Siebel, has joined the GridWise’s newly formed Grid Infrastructure Advisory Council (GIAC). This 29-member council, established by GridWise Alliance Board Chair Gil C. Quiniones, aims to push for at least $50 billion in Federal funding to modernize the U.S. electric power transmission and distribution systems. With the increasing challenges posed by climate change and other factors, the council will advocate for strategic investments in the power grid to enhance its resilience and efficiency.

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  • Tom Siebel's involvement in the GIAC positions C3 AI as a key advocate for significant federal funding to modernize the electric grid.
  • Joining the GIAC aligns C3 AI with government initiatives, potentially benefiting future partnerships and projects.
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C3 AI, a leading enterprise AI software provider, today announced that its Chairman and CEO, Tom Siebel, has joined GridWise’s newly formed Grid Infrastructure Advisory Council (GIAC). GridWise Alliance Board Chair Gil C. Quiniones formed the 29-member advisory council to support the Alliance’s call for at least $50 billion in Federal spending to modernize the nation’s electric power transmission and distribution systems.

Natural disasters, the COVID-19 pandemic, economic crisis, growing cyber threats, and the reality of climate change have all recently served to highlight in stark terms the issues facing the US power grid, and the pressing need for deep investment in this essential public resource.

The GIAC and GridWise Alliance will work together with the Biden Administration to define areas where investment in the electric grid would be most beneficial to the nation. The Council plans to draw from and amplify the best practices of the Alliance’s members, highlight key policy and appropriation recommendations, and apply its members to advocate funding for grid modernization.

“The U.S. power grid is a marvel of 20th century engineering, and an essential national asset of incalculable value,” said Mr. Siebel. “Investing today to modernize and harden the grid is a long overdue national security imperative that will return significant economic, social, and environmental dividends for generations to come. We fully support this ambitious and necessary goal.”

About GridWise Alliance

The GridWise Alliance (GWA) represents the broad and diverse stakeholders that design, build, and operate the electric grid. Since 2003, the GridWise Alliance has been at the forefront of educating key industry stakeholders on the critical need to modernize our nation's electricity system. For more information about the GridWise Alliance, visit: www.gridwise.org.

About C3.ai, Inc.

C3.ai, Inc. (NYSE:AI) is a leading provider of enterprise AI software for accelerating digital transformation. C3 AI delivers a family of fully integrated products: C3 AI® Suite, an end-to-end platform for developing, deploying, and operating large-scale AI applications; C3 AI Applications, a portfolio of industry-specific SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM applications designed for AI and machine learning; and C3 AI Ex Machina, a no-code AI solution to apply data science to everyday business problems. The core of the C3 AI offering is an open, model-driven AI architecture that dramatically simplifies data science and application development. Learn more at: www.c3.ai

FAQ

What recent role has Tom Siebel taken regarding C3 AI and the electric grid?

Tom Siebel, Chairman and CEO of C3 AI, has joined the GridWise’s Grid Infrastructure Advisory Council to advocate for federal funding to modernize the electric grid.

What is the goal of the GridWise Alliance's Grid Infrastructure Advisory Council?

The council aims to secure at least $50 billion in federal funding for modernizing the U.S. electric power transmission and distribution systems.

How does C3 AI's involvement in the GIAC impact its business?

C3 AI's involvement can enhance its visibility and influence in the energy sector, opening doors for potential collaborations and federal projects.

Why is there a pressing need for investment in the U.S. power grid?

Natural disasters, the COVID-19 pandemic, and climate change have highlighted vulnerabilities in the grid, necessitating significant investment for modernization.

C3.ai, Inc.

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