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. Read More
Shares of artificial intelligence (AI) software company C3.ai (NYSE:AI)
fell 10% in the afternoon session after the company announced it had started a search for a successor to its founder and CEO, Thomas M. Siebel.
C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced that it has initiated a search for Mr. Siebel’s successor as Chief Executive Officer of C3 AI. The search will be conducted by an internationally renowned search firm reporting to a search committee consisting of members of the C3.ai board and management team.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how C3.ai (NYSE:AI) and the rest of the data infrastructure stocks fared in Q1.