Reported 4 months ago
Shares of C3.ai are up as the company reports 20% revenue growth and beats fiscal year 2025 revenue guidance. C3.ai's CEO, Tom Siebel, emphasizes the significant market demand for AI software, with the company investing in growth, technology, sales, and customer service to establish a global leadership position. Siebel highlights the potential trillion-dollar addressable software market, citing strong demand for generative AI applications across various sectors, including defense, intelligence, and financial services. He also discusses the challenges related to power shortages and the company's success in serving federal defense and aerospace sectors, expecting continued growth opportunities in sectors like health and human services.
Source: YAHOO