C3.ai Aims to Compete with Tech Giants in Providing AI Solutions for Enterprises

Nvidia, Microsoft, and Amazon are investing heavily in AI across chips, software, and cloud platforms. But smaller company C3.ai offers AI solutions for enterprises across industries.

C3.ai provides over 40 ready-made AI applications for 10 industries that can be tailored to companies' needs, like predicting equipment failures or assessing loan applicants.

After a transition period, C3.ai's revenue growth is reaccelerating, up 18% last quarter to $78.4 million.

C3.ai operates at a loss for now but has over $723 million in cash to invest for future growth in the massive AI market.

With huge potential in AI, C3.ai stock could see substantial upside if it captures even a fraction of the projected $7 trillion to $200 trillion value AI could add globally.