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C3.ai

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American technology company
C3.ai, Inc.
Company typePublic
Traded asNYSEAI
Industry
Founded2009; 15 years ago (2009)
FounderThomas Siebel
HeadquartersRedwood City, California, U.S.
Key peopleThomas Siebel (chairman and CEO)
Revenue Increase US$311 million (2024)
Number of employees891 (2024)
Websitec3.ai

C3.ai, Inc. (also C3 AI) is an American technology company specializing in enterprise artificial intelligence. Based in Redwood City, California, the company founded in 2009 by Thomas Siebel became a public company in 2020 and trades on the Nasdaq.

History

C3.ai was founded in 2009 by Thomas Siebel as "C3". Originally the "C" in the company's name was a reference to "carbon" and the "3" was a reference to "measure, mitigate and monetize" because the company's original goal was to help manage corporate carbon footprints. For some time in 2016 the company was named C3IoT and before that was briefly named C3 Energy. The company went public in 2020. Following their IPO C3.ai faced market skepticism and criticism, including that Siebel liquidated shares worth hundreds of millions of dollars soon after the IPO.

References

  1. ^ "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. June 17, 2024.
  2. ^ "Thomas Siebel". Forbes. Forbes. Retrieved 10 April 2023.
  3. "C3.ai". openbusiness council. openbusiness council. Retrieved 10 April 2023.
  4. "C3 IoT: Enabling Digital Industrial Transformation". Stanford Business Graduate School. Retrieved 10 April 2023.
  5. Khorram, Yasmin. "Billionaire Tom Siebel faces tumult at C3.ai as investor lawsuit, short sellers question metrics". cnbc.com. CNBC. Retrieved 22 February 2024.

External links

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