C3.ai, Inc. specializes in providing artificial intelligence software solutions to businesses across various industries. The company focuses on enabling organizations to design, deploy, and operate large-scale AI applications at speed and scale, enhancing their operational efficiency and decision-making capabilities. By offering a comprehensive suite of tools, C3.ai empowers clients to harness the power of machine learning and data analytics, facilitating improved insights and automation in areas such as predictive maintenance, fraud detection, and supply chain optimization. Furthermore, their platform supports the integration of real-time data, allowing organizations to adapt and respond to changing market conditions effectively.
Shares of artificial intelligence (AI) software company C3.ai (NYSE:AI)
jumped 6.1% in the morning session after market optimism around innovators in the software as a service (SaaS) space continued to improve following strong earnings from Salesforce. The enterprise software giant showcased clear progress in capturing demand for AI solutions, signing 200 deals within a week of launching Agentforce, its new AI platform for enterprise customers. In addition, Salesforce reported thousands more deals in the pipeline, hinting at robust future growth.
C3.ai's rising stock price, fueled by strategic partnerships with Microsoft and others, presents a compelling yet risky investment opportunity in the AI sector.
The top performers in the last week were Lemonade, Inc., Archer Aviation Inc., C3.ai, Inc., Oklo Inc., Applied Digital Corporation, Unity Software Inc., Nebius Group N.V., NuScale Power Corporation, and Hims & Hers Health, Inc.
Shares of artificial intelligence (AI) software company C3.ai (NYSE:AI)
jumped 18.2% in the morning session after the company announced a partnership with Microsoft to make its Enterprise AI solutions more accessible on the Microsoft Azure cloud platform. Both companies also planned sales and marketing sessions to develop strategies to promote the integrated solutions. Overall, the deal means C3.AI will be able to sell its AI solutions to more customers by leveraging the broad reach of Microsoft's cloud platform.
C3 AI (NYSE: AI), the Enterprise AI application software company, and Capgemini, a global leader in business and technology transformation, today announced an expansion of their partnership. This partnership is designed to accelerate and enhance the delivery of Enterprise AI solutions across industries to help clients realize significant benefits including improved efficiency, productivity, and cost reduction.
C3.Ai Inc (NYSE:AI) shares are trading higher Tuesday after the company announced a strategic alliance with Microsoft Corp (NASDAQ:MSFT) to accelerate enterprise AI adoption.
