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C3.ai Inc - AI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect C3.ai's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of C3.ai's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.18%
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AI
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.25%
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AI
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.02%
Tags
AI
Rhea-AI Summary
C3 AI (AI) CEO Thomas M. Siebel to participate in fireside chats at investor conferences in March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.52%
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conferences AI
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Rhea-AI Summary
C3 AI appoints Hitesh Lath as CFO, replacing Juho Parkkinen who transitions to VP of Finance. Lath brings two decades of finance and accounting experience from EY to guide the company's growth. CEO Thomas M. Siebel praises Parkkinen's contributions and welcomes Lath's leadership. The company's financial position is strong, with a focus on success in the enterprise AI sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.52%
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management AI
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Rhea-AI Summary
C3.ai, Inc. (NYSE: AI) reports strong fiscal Q3 2024 results with revenue exceeding guidance, reaching $78.4 million, a 18% YoY growth. Subscription revenue constituted 90% of total revenue, with a 23% increase YoY. The Company's GAAP gross profit was $45.3 million, with a 58% margin. C3 AI's net loss per share was $(0.60) GAAP and $(0.13) non-GAAP. The Company holds $723.3 million in cash reserves. Customer engagement grew by 80% YoY to 445. C3 AI closed 50 agreements in Q3, saw partner-supported bookings grow by 337% YoY, and diversified across industries. Notable partnerships include Boston Scientific, T-Mobile, and the U.S. Department of Defense. C3 AI's Federal business showed significant strength with over 100% YoY revenue increase. The Company also closed 17 C3 Generative AI pilots across various industries. Financial guidance for Q4 FY 2024 and full-year FY 2024 is optimistic.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.52%
Tags
earnings AI
Rhea-AI Summary
The press release discusses the impact of generative AI on the work landscape and the insights shared by AI experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.6%
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AI
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Rhea-AI Summary
LatticeFlow AI appoints Tom Ulrich as Senior Vice President and General Manager for North America, signaling strategic expansion into the US market. Tom brings over 25 years of experience in building and developing world-class sales teams for high-growth enterprise SaaS companies. His appointment follows a successful career at C3.AI and MicroStrategy, with a focus on scaling early to mid-stage tech companies into hyper-growth phases. Tom's expertise in predictive analytics and AI highlights his potential for propelling LatticeFlow AI's advancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
management AI
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Rhea-AI Summary
LatticeFlow AI appoints Tom Ulrich as Senior Vice President and General Manager for North America, signaling strategic expansion into the US market. Tom brings over 25 years of experience in building and developing world-class sales teams for high-growth enterprise SaaS companies. His appointment follows a successful career at C3.AI and MicroStrategy, with a focus on scaling early to mid-stage tech companies into hyper-growth phases. Tom's expertise in predictive analytics and AI highlights his potential for propelling LatticeFlow AI's advancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
management AI
Rhea-AI Summary
C3 AI (AI) announces Genentech's expanded use of C3 AI Reliability for predictive maintenance software on biologics manufacturing equipment, increasing uptime and lowering maintenance costs. The AI application is used to ensure the operational efficiency of complex biologics manufacturing, benefiting patients with difficult-to-treat diseases. Genentech has scaled its AI footprint to around 200 pieces of equipment and trained nearly 200 users on the C3 AI Platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
AI
C3.ai Inc

NYSE:AI

AI Rankings

AI Stock Data

3.55B
105.93M
9.52%
46.75%
28.13%
Software Publishers
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US
Redwood City

About AI

c3 ai is a leading #enterpriseai software provider for accelerating digital transformation. c3 ai delivers the c3 ai application platform for developing, deploying, and operating large-scale ai, predictive analytics, and iot applications, in addition to an increasingly broad portfolio of turnkey ai applications. the core of the c3 ai offering is a proprietary, model-driven ai architecture that dramatically enhances data science and application development.