C3.ai

C3.ai, Inc. (also C3 AI) is an American technology company specializing in enterprise artificial intelligence. Based in Redwood City, California, the company founded in 2009 by Thomas Siebel became a public company in 2020 and trades on the Nasdaq.

C3.ai, Inc.

Company type	Public
Traded as	NYSE: AI
Industry	Software Artificial intelligence
Founded	2009; 16 years ago (2009)
Founder	Patricia House
Headquarters	Redwood City, California, U.S.
Key people	Thomas Siebel (chairman and CEO)
Revenue	US$311 million (2024)[1]
Number of employees	891 (2024)[1]
Website	c3.ai

History

C3.ai was founded in 2009 by Thomas Siebel as "C3".^[2] Originally the "C" in the company's name was a reference to "carbon" and the "3" was a reference to "measure, mitigate and monetize" because the company's original goal was to help manage corporate carbon footprints.^[3] For some time in 2016 the company was named C3IoT and before that was briefly named C3 Energy.^[4][2] The company went public in 2020.^[2] Following their IPO C3.ai faced market skepticism and criticism, including that Siebel liquidated shares worth hundreds of millions of dollars soon after the IPO.^[5]