C3.ai, Inc. (AI) stock plunge during after-hour trading. Here’s the update

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CEI Stock
CEI Stock

C3.ai, Inc. (NASDAQ: AI) stock gained by 3.05% at last close whereas the AI stock price declines by 8.57% in the after-hours trading session. C3.ai is a leading developer of Enterprise AI software for digital transformation acceleration.

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AI stock’ Current Development

C3 AI and Google Cloud have launched new, first-of-its-kind cooperation to enable companies in a variety of sectors to speed the adoption of AI solutions. C3 AI’s enterprise AI apps, which are hosted on Google Cloud, will be co-sell by both firms’ worldwide sales teams. C3 AI’s Enterprise AI apps, including industry-specific AI Applications, C3 AI Suite, C3 AI CRM, and C3 AI Ex Machina, are now accessible on Google Cloud’s global, secure, and reduced infrastructure, allowing clients to operate C3 AI on the cleanest cloud in the market.


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C3 AI will work directly with Google Cloud in order to guarantee that its applications fully leverage the exactness and extent of multiple Google Cloud products and capabilities, such as Google Kubernetes Engine, Google BigQuery, and Vertex AI, allowing customers to develop and deploy machine learning models more quickly and effectively.

C3 AI’s corporate AI applications will integrate and interconnect with Google Cloud’s portfolio of present and future industry solutions, since they are based on a shared basis of Google Cloud’s infrastructure, AI, machine learning (ML), and data analytics capabilities.

Thomas M. Siebel, AI Stock CEO stated,

This alliance will substantially enhance the adoption of Enterprise AI apps among all industry segments by combining Google Cloud’s innovation, leadership, scale, and go-to-market skills with the enormous business value offered by C3 AI applications.

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Thomas Kurian, CEO at Google Cloud commented,

C3 AI and Google Cloud both believe that artificial intelligence can assist organizations to solve real-world issues and possibilities in a variety of sectors. They think that by offering C3 AI’s apps on Google Cloud and collaborating to address specific industry use cases using AI, we will be able to help clients benefit faster and at a larger scale.

 

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