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), known as C3 AI, is an Enterprise AI application software company whose news flow reflects activity across technology, government, and industrial markets. Company announcements frequently highlight developments related to its core product families: the C3 Agentic AI Platform, C3 AI applications, and C3 Generative AI, which together form its enterprise AI offering.
Investors and observers following AI news can expect regular updates on financial results, including quarterly earnings releases and related conference call details, as reported in the company’s Form 8-K filings. These releases typically discuss subscription and professional services revenue, non-GAAP metrics, bookings trends, and commentary on business performance across sectors such as federal, defense, aerospace, and commercial industries.
C3 AI’s news also covers federal and public-sector engagements, such as selections by the U.S. Department of Health and Human Services to build a unified, secure, and scalable data foundation, and awards from the U.S. Army Rapid Capabilities and Critical Technologies Office to deliver AI-driven contested logistics solutions. The company reports on milestones like achieving FedRAMP Moderate authorization and holding IL5 and IL6 authorizations, which it associates with the use of its software for protected, high-impact government workloads.
Another recurring theme in AI news is industry recognition and partnerships. C3 AI reports that Verdantix has named it a Leader in Enterprise AI platforms and in industrial AI analytics software, and it provides details on partner activity with firms such as Microsoft, AWS, McKinsey & Company, Baker Hughes, and Booz Allen Hamilton. News items describe expanded integrations with Microsoft Copilot, Microsoft Fabric, and Azure AI Foundry, as well as joint customer wins and pipeline metrics.
Visitors to this news page can use it to review historical and recent announcements about C3 AI’s contracts, product enhancements, partner initiatives, governance changes, and SEC-reported events, all in one place.
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C3 AI (NYSE: AI) has entered into a multi-year agreement with Yokogawa Electric Corporation (TOKYO: 6841) to integrate the C3 AI Suite into Yokogawa's software portfolio. This collaboration aims to enhance AI applications and support Yokogawa's digital transformation strategies across various industries, including power generation and oil & gas. Both companies anticipate that this partnership will boost operational efficiency and create new business opportunities. Moreover, this agreement allows C3 AI to establish a direct presence in Japan.
C3 AI (NYSE: AI) announced its President and Chief Product Officer, Houman Behzadi, will present at the FIS Securities, Derivatives and Tax Processing Virtual Event on March 9, 2021. Mr. Behzadi will be part of a Thought Leadership panel discussing the role of advanced technology, including machine learning and artificial intelligence, in capital markets. The event is scheduled from 8:55 to 10:00 AM EST. For more information, visit the event link.
C3 AI (NYSE: AI) and Infor have formed a strategic alliance aimed at enhancing enterprise-class AI solutions. This partnership will allow Infor to utilize C3 AI's prebuilt solutions, focusing initially on predictive maintenance for IoT systems within Infor's Enterprise Asset Management. The collaboration seeks to leverage both companies' digital portfolios to create industry-specific AI applications, improving operational processes and customer satisfaction. Infor's capabilities combined with C3 AI's expertise are expected to accelerate the deployment of scalable AI solutions.
Baker Hughes (NYSE: BKR) and C3 AI (NYSE: AI) have launched the BHC3™ Production Schedule Optimization (PSO), an AI application aimed at enhancing industrial demand planning and manufacturing scheduling. This tool improves supply chain performance and reduces costs for engineered products by generating precise demand forecasts and production schedules. The PSO integrates multiple inputs to optimize manufacturing processes and has already shown a 20% improvement in demand forecasting accuracy during trials with clients in the oil and gas sector.
Baker Hughes and C3 AI have introduced the BHC3™ Production Schedule Optimization (PSO), an AI application aimed at enhancing industrial demand planning and scheduling in manufacturing. This tool optimizes supply chains by accurately forecasting demand and creating optimal production schedules. It integrates various inputs such as market prices and customer orders, demonstrating a 20% improvement in forecasting accuracy during trials with a hydrocarbon processing company. BHC3 PSO supports diverse manufacturing processes, aiming to reduce costs and improve productivity across industrial sectors.
C3.ai, a leader in enterprise AI applications, reported fiscal Q3 2021 results with total revenue of $49.1 million, up 19% year-over-year. Subscription revenue increased 23% to $42.7 million, now comprising 87% of total revenue. Professional services revenue saw a 4% decline to $6.4 million. Gross margin improved to 75%, while loss from operations rose to $18.5 million. The company expanded its partnerships and product offerings, enhancing its market position in AI software. For Q4, it anticipates revenue between $50.0 million and $51.0 million.
C3 AI (NYSE: AI) has appointed Jim H. Snabe, former co-CEO of SAP, to its Board of Directors. Snabe has over three decades of experience in the tech industry and is currently Chairman of Siemens AG and A.P. Møller – Mærsk A/S. CEO Thomas M. Siebel expressed confidence that Snabe's leadership skills will further strengthen the board. Snabe highlighted C3 AI's model-driven AI platform as a potential standard for intelligent enterprises, emphasizing the company's achievements in delivering social and economic value through innovative technology.
C3 AI has been awarded a significant U.S. patent (No.10,817,530) for its C3 AI Suite, an end-to-end enterprise AI solution, enhancing its competitive position in the market. This broad-ranging patent covers advanced methods and architecture for AI application development, integrating various data processing techniques. CEO Thomas M. Siebel emphasized the patent's importance in solidifying C3 AI's leadership in digital transformation. The company also plans to establish a Technology Licensing Office for third parties to license its patented technologies.
C3 AI (NYSE: AI), a top enterprise AI software provider, will participate in key finance events. The company will present at the KeyBanc Annual Emerging Technology Summit on February 24 at 9:15 a.m. PT, the Morgan Stanley Energy & Power Conference on March 2 at 9:00 a.m. PT, and the JMP Securities Technology Conference on March 2 at 12:00 p.m. PT. Live webcasts of the presentations will be accessible on their investor relations website, with replays available for 90 days post-event. C3 AI specializes in enterprise AI solutions to enhance digital transformation.
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