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22.06.26 - 15:06
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C3 AI Board Member Jim Hagemann Snabe Appointed European Commission Special Envoy for Industrial AI (Business Wire)
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Snabe named advisor to President Ursula von der Leyen on industrial AIREDWOOD CITY, Calif.--(BUSINESS WIRE)--C3 AI (NYSE: AI), the enterprise AI application software company, today announced that Jim Hagemann Snabe, a member of its Board of Directors and special advisor to Chairman and Chief Executive Officer Thomas M. Siebel, has been appointed by the European Commission as Special Envoy for Industrial Artificial Intelligence. In this role, he will advise Commission President Ursula von der Leyen and Executive Vice-President Henna Virkkunen. Snabe will take a leave of absence from his roles at C3 AI for the duration of the appointment and is expected to return when his service concludes.
As Special Envoy, Snabe will advise on the full industrial AI ecosystem — including AI infrastructure such as data centers, high-performance computing, and the semiconductor supply chains essential to AI deployment; foundational technologies such as large language models and generative AI; and the application of AI acr...
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04.06.26 - 22:03
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C3.ai: Restructuring Seems Largely In Rearview Mirror, Founder Returns As CEO (Benzinga)
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C3.ai posts upbeat Q4 results. Wedbush analyst reiterated Outperform rating & $15 target, DA Davidson maintained Underperform & $7 target.
Latest Ratings for AI
DateFirmActionFromTo Mar 2022Deutsche BankDowngradesHoldSell Mar 2022WedbushMaintainsOutperform Mar 2022JMP SecuritiesMaintainsMarket Outperform
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View the Latest Analyst Ratings
Importance Rank:
1
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04.06.26 - 18:36
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You.com Backs Weaver In New Joint Venture (Business Wire)
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Joint venture between You.com and Tquila creates an AI-native systems integratorSAN FRANCISCO--(BUSINESS WIRE)--You.com, the leading provider of web search infrastructure for AI, today announced it is backing a new AI-native systems integrator, Weaver, which launched through a joint venture with leading corporate development firm Tquila. Peter Grant, You.com's former Chief Revenue Officer, will lead the company as CEO.
According to MIT research, only 5% of enterprise AI projects deliver measurable value despite $30-40 billion in spending. To help close this gap, Weaver provides specialized engineers working alongside AI agents to move AI systems from pilots to production.
"I'm passionate about bringing AI to businesses without leaving humans behind," said Grant, who brings over 20 years of enterprise technology leadership including early roles at Salesforce UK and C3 AI. "The real challenge is deployment, and it's one of the largest opportunities in enterprise AI right now. Companies are...
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