C3.ai

C3.ai is an American technology company specializing in enterprise artificial intelligence (AI) solutions. Founded in 2009 by Thomas Siebel, the company is headquartered in Redwood City, California. C3.ai offers the C3 Agentic AI Platform, an application development and runtime environment that enables organizations to design, develop, and deploy enterprise-scale AI applications. The platform supports various AI applications, including reliability, fraud detection, sensor network health, supply network optimization, energy management, anti-money laundering, and customer engagement.

In 2016, the company rebranded from C3 Energy to C3 IoT, and later to C3.ai in 2019, reflecting its expanded focus beyond energy to broader enterprise AI applications. C3.ai went public on December 9, 2020, listing its Class A common stock on the New York Stock Exchange under the ticker symbol AI. The IPO priced 15.5 million shares at $42.00 per share, raising approximately $651 million in gross proceeds.

The company's flagship product, the C3 Agentic AI Platform, is designed to accelerate digital transformation by providing a comprehensive suite of AI applications. These applications are tailored for various industries, including energy, healthcare, financial services, and government sectors. Notable applications include the C3 AI Asset Performance suite, which comprises C3 AI Reliability, C3 AI Process Optimization, and C3 AI Energy Management applications. Additionally, the C3 AI Supply Chain Suite offers solutions such as C3 AI Supply Network Risk, C3 AI Inventory Optimization, C3 AI Demand Forecasting, C3 AI Production Schedule Optimization, and C3 AI Sourcing Optimization.

C3.ai has established strategic partnerships with major technology and services providers, including Microsoft Azure, Amazon Web Services (AWS), Google Cloud, McKinsey & Company, Baker Hughes, and Booz Allen. These collaborations aim to enhance the deployment and scalability of C3.ai's AI solutions across various industries. The company's customer base includes large organizations such as Shell, Bank of America, the U.S. Air Force, Koch Industries, and ENGIE, which utilize C3.ai's software to address complex challenges at scale.