Company type | Public |
---|---|
Nasdaq: AI | |
Industry | |
Founded | 2009 |
Founders | Thomas Siebel |
Headquarters | Redwood City, California, U.S. |
Website | c3 |
C3.ai, Inc. (also C3 AI) is a publicly trading American technology company specializing in enterprise AI.
C3.ai was founded in 2009 by Thomas Siebel as "C3".[1] 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.[2] For some time in 2016 the company was named C3IoT and before that was briefly named C3 Energy.[3][1] The company went public in 2020.[1] 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.[4]