C3 Sees Staggering Interest in Generative AI

June 23. 2024. 5 mins read

“The interest we are seeing in our generative AI applications is staggering,” says C3 (AI). That should come as no surprise when you consider just about everyone is talking about AI these days. Staggering interest and $5 might get you a coffee at Dutch Brothers. The proof is always in the revenue growth.

Click for C3.ai website

It’s been over a year since our piece, C3 Stock Falls on Accounting Challenges, in which we looked at various accusations levied at C3 by multiple short sellers. Since then, C3 has gone out of their way to refute everything in the short reports – from explaining their naming evolution to elaborating on their relationship with Baker Hughes. Most importantly, they completed an independent investigation that concluded none of the allegations or insinuations of wrongdoing were supported by the facts. Now we’re left wondering whether the big business model changes implemented several years ago are reaping rewards yet.

Line graph showing C3's revenue transition
Anyone remember this? Credit: C3

C3’s Growth and Runway

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