C3.ai, Inc. - AI STOCK NEWS

Welcome to our dedicated page for C3.ai news (Ticker: AI), a resource for investors and traders seeking the latest updates and insights on C3.ai stock.

C3.ai, Inc. (NYSE: AI) is a prominent player in the realm of enterprise artificial intelligence (AI). Based in Redwood City, California, the company offers a wide array of products and services designed to accelerate digital transformation across industries. C3 AI's core offering is the C3 AI Platform, an end-to-end solution for developing, deploying, and operating large-scale enterprise AI applications. This platform is supplemented by C3 AI Applications, a suite of industry-specific, turnkey SaaS solutions that address unique business needs, and C3 Generative AI, a collection of advanced AI transformer models.

The company’s innovative approach has garnered significant traction across diverse industries, from manufacturing and healthcare to federal government and energy sectors. Some notable partnerships include collaborations with industry giants like Genentech, ExxonMobil, and Dow. These partnerships leverage C3 AI's capabilities to enhance operational efficiencies, predictive maintenance, and data-driven decision-making.

Financially, C3.ai has demonstrated robust growth. For the fiscal year 2024, the company reported a 16% year-over-year revenue increase to $310.6 million, with subscription revenue growing 21% to $278.1 million. The company's strategic focus on expanding its federal business has paid off, with federal revenue more than doubling in FY24. Additionally, C3 AI has maintained a strong cash reserve of $750.4 million, positioning it well for future growth.

C3.ai continues to innovate and lead in the AI space with the introduction of products like C3 Generative AI. The company’s commitment to driving digital transformation is evident in its expansive pilot programs and growing partner network, which includes collaborations with AWS, Google Cloud, and Microsoft Azure. C3.ai’s fifth annual AI conference, C3 Transform, exemplifies its thought leadership, bringing together global experts to discuss the future of AI in business.

04/29/2024 09:00 AM

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C3 AI to Announce Financial Results for Fourth Quarter and Fiscal Year 2024 on May 29, 2024

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C3 AI, an Enterprise AI application software company, will announce its financial results for the fiscal fourth quarter and full fiscal year 2024 on May 29, 2024. The company will host a conference call and webcast to discuss the financial results. Analysts and investors can participate in the question-and-answer session.

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04/24/2024 09:00 AM

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C3 AI Celebrates Establishment of Siebel School of Computing & Data Science at the University of Illinois Urbana-Champaign

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C3 AI applauds the University of Illinois Urbana-Champaign on the establishment of the Siebel School of Computing & Data Science, made possible by a $50 million gift from Thomas and Stacey Siebel. This partnership aims to drive innovation, empower future technology leaders, and address complex societal challenges. The Siebel School will foster interdisciplinary collaboration, pioneering research, and innovative education programs at the intersection of computing and data science.

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04/18/2024 09:00 AM

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C3 AI to Present at Two Upcoming Investor Conferences in May

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C3 AI, a leading Enterprise AI application software company, will be represented by Chairman and CEO Thomas M. Siebel at two investor conferences in May. The first event is a virtual fireside chat at the 19th Annual Needham Technology, Media & Consumer Conference on May 16, 2024, followed by a fireside chat in Boston.

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1.31%

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04/09/2024 09:00 AM

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Alan Murray Joins C3 AI Board of Directors

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C3 AI appoints Alan Murray, CEO of Fortune Media, to its board of directors, bringing valuable experience in business journalism and corporate strategy to drive innovation in enterprise AI.

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04/04/2024 12:05 PM

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C3 AI Named to The Financial Times’ The Americas’ Fastest Growing Companies 2024

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C3 AI, a leading Enterprise AI application software company, has been recognized as one of the Americas’ Fastest Growing Companies of 2024 by The Financial Times. With a strong first-mover advantage in the enterprise AI market, C3 AI continues to meet the growing demand for generative AI applications across industries.

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03/27/2024 09:00 AM

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C3 AI and Paradyme Partner to Accelerate Delivery of AI Solutions for the U.S. Intelligence Community

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C3 AI (NYSE: AI) announces an enhanced partnership with Paradyme, focusing on AI integration for the U.S. government. The collaboration aims to boost operational efficiency and business agility by providing AI-powered applications to federal agencies. Paradyme will expand its workforce to accelerate joint efforts, selling C3 AI Defense and Intelligence Suite, Generative AI for Defense, and AI Law Enforcement. The partnership underscores the growing adoption of AI products in the defense and intelligence sector, highlighting C3 AI's commitment to national security.

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0.74%

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03/14/2024 09:00 AM

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C3 AI Named to Constellation ShortList™ for Cloud-Based Data Science & Machine Learning Platforms

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C3 AI (NYSE: AI) has been named to the Constellation ShortList™ for Cloud-Based Data Science & Machine Learning Platforms in Q1 2024 for the fifth consecutive year. The C3 AI Platform is recognized for its leadership in the enterprise software market, providing scalable AI solutions that drive digital transformation and economic benefits for customers across industries.

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03/05/2024 09:00 AM

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C3 AI Introduces C3 Generative AI: Standard Edition on Google Cloud Marketplace

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C3 AI launches C3 Generative AI: Standard Edition on Google Cloud Marketplace, offering a no-code, self-service solution for enterprise AI applications. The application supports Google's advanced large language model, Gemini, and is available for a 14-day free trial. Industry-specific modules like manufacturing, customer service, and financial services have seen significant success with a 50% increase in organizational effectiveness and a 90% reduction in information access time.

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03/04/2024 09:00 AM

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C3 AI Announces Livestream for C3 Transform 2024

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C3 AI (AI) hosts its annual user conference, C3 Transform 2024, focusing on enterprise AI innovation and generative AI benefits. Keynote speakers include CEO Thomas M. Siebel and notable industry experts. The event covers topics like national security, generative AI value, and AI investment discussions.

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02/29/2024 09:00 AM

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C3 AI to Present at Two Investor Conferences on March 4, 2024

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C3 AI (AI) CEO Thomas M. Siebel to participate in fireside chats at investor conferences in March 2024.

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FAQ

What is the current stock price of C3.ai (AI)?

The current stock price of C3.ai (AI) is $32.36 as of November 20, 2024.

What is the market cap of C3.ai (AI)?

The market cap of C3.ai (AI) is approximately 4.0B.

What is the core business of C3.ai, Inc.?

C3.ai, Inc. provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure.

What are the main products offered by C3.ai?

C3.ai offers the C3 AI Platform, C3 AI Applications, and C3 Generative AI models, catering to various industry-specific needs and enabling the development and deployment of AI applications.

Which industries does C3.ai serve?

C3.ai serves a diverse range of industries including manufacturing, healthcare, energy, federal government, and more, providing tailored AI solutions to enhance operational efficiency and decision-making.

What financial performance did C3.ai report for fiscal year 2024?

For fiscal year 2024, C3.ai reported a 16% year-over-year increase in total revenue to $310.6 million, with subscription revenue growing 21% to $278.1 million.

Who are some of C3.ai’s notable partners?

C3.ai has partnered with major companies and organizations like Genentech, ExxonMobil, Dow, and several federal agencies, leveraging AI to drive efficiencies and innovation.

What is C3 Transform?

C3 Transform is C3.ai’s annual AI conference that gathers business leaders, technical experts, and customers to discuss enterprise AI innovation, performance, and value. It highlights the latest advancements and trends in AI.

How does C3.ai support federal and defense sectors?

C3.ai offers specialized AI solutions for the federal and defense sectors, including predictive maintenance and decision support systems. The company has secured significant contracts with the U.S. Department of Defense and other federal agencies.

What innovative products has C3.ai recently introduced?

C3.ai has introduced C3 Generative AI: Standard Edition, which is available on Google Cloud Marketplace. This no-code, self-service application allows users to access insights from enterprise data effortlessly.

What is the focus of C3.ai’s product development?

C3.ai focuses on developing enterprise AI applications that enhance efficiency, productivity, and data-driven decision-making across various industries, with a strong emphasis on scalable and secure AI solutions.

What are some key achievements of C3.ai in recent years?

Key achievements include significant revenue growth, expansion of federal business, successful partnerships with industry giants, and the introduction of innovative AI products like C3 Generative AI, positioning C3.ai as a leader in enterprise AI.