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C3 AI (NYSE: AI) and Univation Technologies have announced a strategic cooperation agreement to commercialize AI-powered predictive maintenance solutions for the petrochemical industry. The collaboration leverages C3 AI's Asset Performance Suite, which is currently deployed across more than 50 steam cracker furnace operations within Dow's global petrochemical facilities.
The partnership combines the C3 Agentic AI Platform, C3 AI Reliability application, and Univation's technical expertise to deliver enterprise-scale AI solutions that proactively identify equipment issues, maximize uptime, and optimize operational performance. The solution builds upon Dow's successful implementation, which is being expanded to additional furnaces and critical asset classes.
Key features include data-driven insights, predictive analytics, proactive equipment issue identification, and enhanced maintenance strategies, supported by expert technical assistance from both Univation and C3 AI. The solution aims to transform operations from reactive to predictive maintenance, potentially delivering significant improvements in asset availability and cost savings across the petrochemical industry.
C3 AI (NYSE: AI) has appointed Rob Schilling as Executive Vice President and Chief Commercial Officer, effective June 16, 2025. Schilling brings over two decades of enterprise software sales experience to lead C3 AI's customer-facing operations.
Schilling joins from Oracle, where he led cloud enterprise sales applications in North America. His extensive background includes leadership roles at Nokia's IoT division as general manager, CEO of SpaceTime (later acquired by Nokia), and sales positions at SAP and Siebel Systems. The appointment comes as C3 AI aims to capitalize on accelerating demand for Enterprise AI solutions.
The U.S. Air Force Rapid Sustainment Office (RSO) has increased C3 AI's (NYSE: AI) contract ceiling to $450 million through October 2029, representing a $350 million expansion from the initial $100 million ceiling. The extension supports the broader deployment of C3 AI's predictive maintenance platform PANDA (Predictive Analytics and Decision Assistant) across the Air Force's fleet.
PANDA, powered by C3 Agentic AI Platform and C3 AI Readiness application, monitors components on various aircraft including the B1-B Lancer, C-5 Galaxy, KC-135 Stratotanker, C-17 Globemaster III, and C-130J Super Hercules. The system has potential to increase aircraft availability by up to 25% and has already demonstrated improvements in fleet availability while reducing lifecycle costs and unscheduled maintenance.
C3 AI (NYSE: AI) and Baker Hughes have announced the renewal and expansion of their joint venture agreement through June 2028. The partnership, established in 2019, focuses on developing and marketing Enterprise AI solutions for the oil and gas and chemical industries. The collaboration has already generated over half a billion dollars in revenue from these markets, serving major clients including Shell, Eni, QatarEnergy LNG, and ExxonMobil.
Baker Hughes will expand its internal use of C3 AI solutions, including Sourcing Optimization, Inventory Optimization, and Sustainability Suite. The partnership has helped customers achieve efficiency and sustainability gains through production optimization, reduced downtime, and enhanced operational visibility. This marks the fourth renewal and amendment since the initial 2019 agreement.
C3 AI (NYSE: AI) has appointed Kenneth A. Goldman to its board of directors, effective May 21, 2025. Goldman brings over 40 years of experience in financial leadership and corporate strategy across enterprise software and technology sectors. He most recently served as President at Hillspire, a family office and asset management firm, and previously held CFO positions at Yahoo!, Fortinet, and Siebel Systems.
Goldman has served on over 40 corporate boards throughout his career and currently serves on the boards of Fortinet and RingCentral. He will work closely with C3 AI's leadership team, focusing on financial operations and governance as the company scales its Enterprise AI operations.
C3 AI (NYSE: AI) has announced it will release its financial results for the fourth quarter and full fiscal year 2025 after U.S. markets close on Wednesday, May 28, 2025. The company will host a conference call and webcast at 2:00 p.m. PDT / 5:00 p.m. EDT on the same day, where analysts and investors can participate in a Q&A session. The earnings call can be accessed through telephone registration or webcast registration, with a replay available for 30 days on C3 AI's Investor Relations website.
C3 AI (NYSE: AI) and Arcfield have announced a strategic partnership to enhance AI capabilities for defense and intelligence agencies. The collaboration will utilize the C3 Agentic AI Platform and C3 Generative AI to develop and deploy Enterprise AI applications.
Arcfield will integrate C3 AI's technology into its existing service offerings, including systems engineering, modeling and simulation, supply chain optimization, and predictive maintenance solutions. The partnership aims to streamline processes and generate intelligent insights for space defense, space exploration, and hypersonic and nuclear deterrence missions.
The collaboration leverages Arcfield's 65-year experience in critical missions and C3 Generative AI's enterprise-grade capabilities, featuring natural language search, chat interface, and robust security controls.