C3.ai Inc.

As an enterprise artificial intelligence company, C3.ai, Inc. provides a spectrum of advanced software solutions to a variety of industries. The C3 AI Suite provides a platform for developing and running AI applications. High-volume user traffic is accommodated by C3 AI Applications and C3 AI Ex Machina applies data science to everyday functions. This company, which operates internationally, was launched in 2009 and is based in Redwood City, California. C3.ai, Inc. trades publicly on the NYSE using the ticker AI. In December 2020 the company’s IPO raised $651m. At that time, founder Tom Siebel reported that these funds will be applied to increase distribution capabilities and expand the company’s customer base. C3.ai, Inc. indicated that, as of 2021, it will focus its AI on the healthcare industry, to combat the Covid-19 pandemic. An ever-growing variety of industries use and apply this company’s AI platforms and applications. These include the energy, utilities, banking, aerospace and defence, and healthcare sectors. The platforms and applications are used to improve diagnostics, limit the downtime of equipment, curb risks, and improve production. C3.ai, Inc. was formerly known as C3 IoT, Inc. Use eToro to manage your investment in AI stock and remain current on AI share price news and updates.