Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag C3.ai reports 21% revenue increase to $87.2M, but net loss improves only slightly; CEO remains optimistic despite concerns on AI spending and financial health.

flag C3.ai, an AI software provider, reported a 21% revenue increase to $87.2 million, but its net loss only slightly improved, from $64.4 million to $62.8 million. flag CEO Thomas Siebel remains optimistic about future profitability, though concerns persist regarding the company's financial health and a potential slowdown in AI spending. flag Gartner forecasts that a significant portion of generative AI projects may be abandoned, prompting caution among investors.

3 Articles