STOCK TITAN

C3.ai (AI) Stock News, Mar-May 2021

AI NYSE

C3.ai, Inc. develops enterprise artificial intelligence application software for organizations deploying AI across large data environments. Company news centers on the C3 Agentic AI Platform, C3 AI Applications, C3 Generative AI, and C3 Code, along with SaaS revenue trends, product availability, and customer deployments in government, defense, energy, manufacturing, life sciences, and other enterprise markets.

Recurring updates also cover strategic integrator relationships, public-sector authorizations such as FedRAMP, AI logistics and field-service applications, customer agreements, quarterly results, and investor conference participation. These developments reflect the company’s focus on governed, domain-specific AI applications built for enterprise and government use cases.

Rhea-AI Summary

C3 AI (NYSE:AI) announces the appointment of Lieutenant General (Retired) Ed Cardon as Chair of C3 AI Federal Systems. With over 36 years in the U.S. Army, General Cardon will lead initiatives focusing on AI integration in defense, intelligence, and cyber defense. He previously commanded the Army Cyber Command and was pivotal in creating the Army Futures Command. C3 AI's CEO, Thomas M. Siebel, praised Cardon's extensive experience, while Cardon expressed excitement about C3 AI's commitment to innovation in enterprise AI and its role in supporting national priorities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
Tags
AI
-
Rhea-AI Summary

C3 AI (NYSE:AI) has partnered with Con Edison to implement multiple AI-powered applications aimed at enhancing energy efficiency. The applications, including Conservation Voltage Optimization (CVO), leverage data from Con Edison’s Advanced Metering Infrastructure to reduce energy use and carbon emissions. The CVO application alone could lead to a 1.5% energy savings over 20 years. Additionally, Con Edison is integrating massive datasets to create an analytics platform growing at 200 TB per year, showcasing the scalability of C3 AI's offerings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.13%
Tags
AI
-
Rhea-AI Summary

C3 AI (NYSE:AI) announces the appointment of Tod Weber as Senior Vice President and General Manager of C3 AI Federal Systems. With over 35 years in the tech sector, Weber has extensive experience in delivering IT solutions to the federal government. Previously CEO of Software AG Government Solutions, he aims to enhance C3 AI's capabilities in providing enterprise AI solutions to U.S. government and defense industries. CEO Thomas M. Siebel highlights Weber's impressive background in advancing software technology, particularly in federal applications.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.87%
Tags
AI
Rhea-AI Summary

C3 AI announced that its Chairman and CEO, Tom Siebel, has joined the GridWise’s newly formed Grid Infrastructure Advisory Council (GIAC). This 29-member council, established by GridWise Alliance Board Chair Gil C. Quiniones, aims to push for at least $50 billion in Federal funding to modernize the U.S. electric power transmission and distribution systems. With the increasing challenges posed by climate change and other factors, the council will advocate for strategic investments in the power grid to enhance its resilience and efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
Tags
AI
-
Rhea-AI Summary

C3 AI (NYSE:AI) announced it will release its fourth quarter and full year fiscal 2021 financial results on June 2, 2021, after U.S. market close. A conference call is scheduled for 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss these results. Investors can join the live webcast on the C3 AI Investor Relations website or via dial-in. C3 AI specializes in enterprise AI software aimed at enhancing digital transformation across industries, offering a comprehensive suite of products and solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.77%
Tags
-
Rhea-AI Summary

C3 AI (NYSE: AI), a leader in enterprise AI software, is set to present at several upcoming financial community events. These include the NYSE Tech Summit on May 11, 2021, the JP Morgan 49th Annual Technology, Media & Communications Conference on May 24, 2021, and the 2021 Bank of America Global Technology Conference on June 8, 2021. Live webcasts of the presentations will be available at ir.c3.ai, with replays accessible for 90 days post-event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.56%
Tags
AI
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.65%
Tags
AI
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
AI
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
conferences AI
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.13%
Tags
partnership AI

FAQ

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

C3.ai (AI) last closed at $12.46.

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

The market cap of C3.ai (AI) is approximately $2.0B.