C3 AI Announces Fiscal Second Quarter 2023 Financial Results

REDWOOD CITY, Calif. – December 7, 2022 – C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced financial results for its fiscal second quarter ended October 31, 2022. C3 AI is providing the C3 AI Platform for the rapid development and operational deployment of a roadmap of mission-critical applications in support of the 59th Test and Evaluation Squadron (“TES”) located at Nellis Air Force Base in Nevada. C3 AI configured a production deployment of C3 AI Reliability for 280 discrete assets (turbines, pumps, etc.) C3 AI CRM: Delivered a major release of C3 AI CRM with new features in four key areas: (1) multi-hierarchy and multi-cadence forecasting, (2) Sales Pipeline Analytics, (3) Admin Portal, and (4) filtering, navigation, and search. C3 AI Industry LeadershipIndustry Recognition: C3 AI was featured in the 2022 Constellation ShortListTM in the Artificial Intelligence and Machine Learning Cloud Platforms category.