C3 AI Introduces C3 Generative AI: Standard Edition on Google Cloud Marketplace
- None.
- None.
Insights
The announcement by C3 AI regarding its new no-code, self-service generative AI application, C3 Generative AI: Standard Edition, being available on Google Cloud Marketplace is a significant development in the enterprise AI sector. The integration with Google's advanced large language model, Gemini, suggests a strategic move to capitalize on the growing demand for AI tools that simplify complex data analysis and enhance productivity.
From a market perspective, the availability of industry-specific modules for manufacturing, customer service and financial services could potentially disrupt traditional business processes by significantly improving efficiency. The reported 50% increase in organizational effectiveness and a 90% reduction in information access time could be a game-changer for enterprises, potentially leading to a shift in market dynamics as companies that adopt such technologies may gain a competitive edge.
The offering's alignment with Google Cloud's infrastructure also indicates a potential increase in market reach for C3 AI, which could positively influence its market share and stock performance, especially if adoption rates meet or exceed expectations.
The financial implications of C3 AI's new product launch on the stock market could be substantial, especially considering the current emphasis on digital transformation and AI adoption in various industries. The 14-day free trial offers a low barrier to entry, potentially leading to a high conversion rate to paid subscriptions, which would positively impact C3 AI's revenue streams.
Moreover, the emphasis on features like deterministic responses, full traceability, minimal hallucination and robust security controls addresses key concerns among enterprise clients, potentially increasing the perceived value of C3 AI's offering. This perceived value, coupled with the scalable nature of the product optimized for Google Cloud, positions the company favorably for future financial growth.
Investors will likely monitor the uptake of the Standard and Enterprise Editions closely, as widespread adoption could lead to upward trends in C3 AI's stock, reflecting investor confidence in the company's growth trajectory and its ability to capture a significant share of the enterprise AI market.
The announcement that C3 Generative AI: Standard Edition will feature enterprise access controls for robust security is particularly relevant from a legal standpoint. In an era where data privacy and security are paramount, C3 AI's commitment to these aspects could mitigate potential legal risks associated with data breaches and non-compliance with regulations like GDPR and CCPA.
Furthermore, the ability to trace back to source documents and data for every insight generated by the AI could ensure transparency and accountability, which are critical in legal and regulatory contexts. This traceability could serve as a key differentiator in the market, potentially reducing the legal risks for enterprises that deploy C3 AI's solutions and thus making it a more attractive option for risk-averse clients.
As businesses increasingly rely on AI for decision-making, the legal implications of AI outputs become more pronounced. C3 AI's emphasis on minimizing 'hallucination' and providing deterministic responses could help in reducing the liability concerns associated with inaccurate or misleading AI-generated content.
Get started using generative AI across the enterprise in minutes with this simple, self-service, no-code solution
“C3 AI is pioneering generative AI for the enterprise and is reshaping the future of business with reliable, flexible, and secure solutions. Offering this powerful application on Google Cloud Marketplace allows many more businesses to take advantage of this capability,” said Nikhil Krishnan, Chief Technology Officer, Products, C3 AI. “With C3 Generative AI: Standard Edition we are enabling anyone – regardless of technological training or background – to improve enterprise efficiency, productivity, and workforce knowledge with generative AI through an entirely self-service experience.”
C3 Generative AI: Standard Edition on Google Cloud Marketplace is currently available for three industry-specific modules: manufacturing, customer service, and financial services; and users can start using the application now under a 14-day free trial.
Companies using C3 Generative AI from these industries have already seen success in a variety of use cases. For example, C3 Generative AI: Standard Edition for Manufacturing has enabled operators to troubleshoot and resolve critical equipment issues. In financial services, C3 Generative AI has helped analysts find information to accelerate due diligence. And customer service agents have been able to use the application to rapidly find insights related to customer complaints and resolutions, streamlining the response process. Typically, customers see a
C3 Generative AI is built for the enterprise, and with Standard Edition users can access features including:
- Deterministic responses generate accurate, consistent results by utilizing a retrieval-augmented generative architecture that separates the enterprise knowledge base from the large language model.
- Full traceability to ground truth with the ability to trace back to source documents and data for every insight that is generated.
- Minimal hallucination provides accurate answers with embedded relevance scoring and a solution that answers “I don’t know” when the relevance threshold is not met.
- Enterprise access controls for robust security controls to ensure users access only the data they are authorized to see.
- Image and table parsing gives users the ability to reason on tables or images within documents and handle complex document sections for high-accuracy results.
- Multi-lingual support so users can engage through the language of their choice.
- Built-in advanced mathematical tools automatically invoked by C3 Generative AI.
“Bringing C3 AI to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the C3 Generative AI: Standard Edition on Google Cloud's trusted, global infrastructure," said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud. “C3 AI can now securely scale and support customers on their digital transformation journeys.”
C3 Generative AI: Standard Edition is optimized for Google Cloud and leverages the latest state-of-the-art models from Google Cloud’s Vertex AI platform, including Gemini. Gemini, Google’s most advanced LLM, offers strong benefits to customers, including that it is the least prone to hallucination among commercial LLMs; and it has the largest context window of commercial LLMs, increasing performance of in-context learning for prompts.
For customers looking to apply generative AI to additional data types, expanded capabilities are available in C3 Generative AI: Enterprise Edition — the first domain-specific generative AI offering for industries, business processes, and enterprise systems. By upgrading to the Enterprise Edition users can: access and act on insights from a wider range of enterprise data, such as multi-modal datasets and unstructured data; perform complex reasoning across multi-modal data; orchestrate actions or workflows; and invoke other purpose-built AI/ML models. To upgrade at any time, customers should contact C3 AI.
Sign up now to experience the power of C3 Generative AI: https://c3.ai/c3-generative-ai-standard-edition/.
About C3 Generative AI
C3 Generative AI is a unified knowledge source that enables enterprise users to rapidly locate, retrieve, and act on enterprise data and insights through an intuitive search and chat interface. By combining state-of-the-art foundational large language models (LLMs), deep learning retrieval models, and the C3 AI Platform, C3 Generative AI serves as a deep domain co-pilot to support information retrieval across datasets and improved decision making.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240304558294/en/
C3 AI Public Relations
Lisa Kennedy
Edelman
415-988-4960
press@c3.ai
Investor Relations
ir@c3.ai
Source: C3.ai
FAQ
What is the name of the Enterprise AI application software company mentioned in the press release?
What is the ticker symbol for C3 AI?
What is the name of the no-code, self-service generative AI application launched by C3 AI on Google Cloud Marketplace?
What are the three industry-specific modules currently available for C3 Generative AI: Standard Edition?
What are some benefits seen by companies using C3 Generative AI?
