C3.Ai, Inc. Stock Price, News & Analysis

C3 AI (NYSE: AI), an Enterprise AI application software company, will present at the Canaccord Genuity 41^st Annual Growth Conference on August 12, 2021, at 1:00 PM ET. The live webcast can be accessed at ir.c3.ai, with a replay available for 90 days post-event. C3 AI specializes in AI solutions that enable digital transformation across industries.

C3 AI has been recognized as a Leader in the IDC MarketScape: Worldwide Industrial IoT Platforms and Applications in Energy 2021 Vendor Assessment. Positioned in the Leaders Category, C3 AI is praised for its unified platform, industry expertise, and AI capabilities. Its offerings include the C3 AI Suite, C3 AI Ex Machina, and pre-built applications, all designed for seamless integration in various environments. The recognition highlights C3 AI's effectiveness in deploying enterprise AI solutions, emphasizing its role in enhancing productivity and reducing costs in the energy sector.

Arlington Asset Investment Corp. (NYSE: AAIC) announced a proposed offering of Senior Notes due 2026, subject to market conditions. The company plans to use the net proceeds to redeem its 6.625% Senior Notes due 2023 and for general capital purposes. The offering will be managed by Ladenburg Thalmann & Co. Inc. as the book-running manager, with others as co-managers. This offering is made under the existing shelf registration statement and does not constitute an offer to sell the Notes in jurisdictions where it would be illegal without proper registration.

C3 AI (NYSE:AI) has announced a strategic partnership with NCS, a member of the Singtel Group, to deliver enterprise AI solutions in Southeast Asia and Australia/New Zealand. This marks C3 AI's first collaboration with a telecommunications group, with NCS investing up to S$10 million to develop AI applications on the C3 AI Suite. The partnership aims to leverage C3 AI’s technology across major telecommunications networks, enhancing digital transformation in various sectors. A Center of Excellence will be established to tailor AI solutions to regional business needs.

C3.ai Digital Transformation Institute announced the second round of awards aimed at leveraging AI for energy efficiency and a lower-carbon economy. From 52 proposals submitted, 21 projects received a total of $4.4 million in funding, along with access to significant computing resources. Projects span various categories including AI for carbon sequestration and advanced energy markets. With contributions from C3 AI and Microsoft totaling over $310 million in support, the institute aims to enhance resilience against climate-related threats through innovative research.

C3.ai Digital Transformation Institute announced its second round of awards focusing on AI techniques to enhance energy efficiency and reduce carbon footprints. Out of 52 submissions, 21 research proposals received funding, totaling $4.4 million. Each project can access substantial cloud computing resources. Award amounts ranged from $100,000 to $250,000, aimed at advancing sustainability, carbon sequestration, and cybersecurity in energy systems. C3.ai has committed over $57 million in cash and $310 million in resources to support this initiative, emphasizing the urgency for innovative solutions to energy and climate challenges.

C3 AI (NYSE: AI) has partnered with Snowflake, enhancing cloud-based data platform services for enterprise AI applications. This collaboration enables Snowflake users to access C3 AI's Suite and applications tailored for industries like manufacturing and finance.

The integration aims to improve data management and accelerate AI deployments, promoting operational efficiency and quicker insights without data replication. C3 AI's capabilities will allow customers to deploy applications at scale within four weeks, further solidifying Snowflake's position in enterprise AI.

Baker Hughes (NYSE: BKR) and C3 AI (NYSE: AI) announced that KBC will deploy AI technology to enhance its software for oil and gas simulation, supply chain optimization, and energy management. KBC aims to leverage BHC3 technology to improve operational efficiency, with potential economic value exceeding $0.65 per barrel. The integration will boost process planning accuracy and productivity. This collaboration underscores Baker Hughes' commitment to investing in digital transformation within the energy sector.