C3.ai’s Tom Siebel: How To Scale AI

Businessman touching the brain working of Artificial Intelligence (AI) in the futuristic business and coding software development on interface and synchronize network connection, IoT, innovative and technology of business. — Businessman touching the brain working of Artificial Intelligence (AI) in the futuristic business … [+] and coding software development on interface and synchronize network connection, IoT, innovative and technology of business.

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C3.ai, which is a top provider of enterprise AI software and services, is a newly public company. It pulled off its deal in December and issued 15.1 million shares at $42 each. On the first day of trading, the shares spiked 120%.

And this would not be the end of the gains. Within a couple months, the stock price would hit an all-time high of $183.

But as the markets started to cool off, so did the shares of C3.ai. Consider that the stock price is now at $64.

Despite this, the future does look bright for the company. “The total addressable market is huge,” said Tom Siebel, who is the CEO and founder of C3.ai. “It’s a third of a trillion dollars.”

Keep in mind that Siebel is a veteran of the…

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