Here’s what C3.ai’s CEO Tom Siebel says about company’s ChatGPT-fueled stock jump

More than half of C3.ai’s stock jump came after the company last week debuted a patented enterprise search product that uses a type of generative AI developed by Alphabet Inc.’s Google. Combining that interface with generative AI and other forms of AI produces a game-changer, Siebel said. “That was crazy,” Siebel said on Tuesday about the soaring price of his company’s stock in its first weeks. Siebel said he has a pretty good feeling about what has happened with both the stock and interest in generative AI in recent months. Despite the big price jump of recent months, C3.ai stock is still trading nearly 42% below its IPO price.