C3.ai, the artificial intelligence services company founded by software pioneer Tom Siebel, Friday evening filed for an initial public offering, with a placeholder amount of $100 million worth of its shares, led by investment banks Morgan Stanley, JP Morgan, and Bank of America.
The amount of the offering is provisional and will likely change in the final deal size.
C3 plans to list under the ticker “AI” on The New York Stock Exchange. The number of shares to be offered and the price range for the proposed offering have not yet been determined, C3 said.
Siebel, who was recruited to database giant Oracle in 1983, later founded the eponymous enterprise customer relationship management software firm in 1993. He sold that company to Oracle in 2006 for $5.85 billion, and went on to found C3 in 2009.
C3 came out of philanthropic work Siebel…
