C3.ai Reports Strong Q4 Results, Sees ‘Huge Opportunity' in GenAI

C3.ai, an enterprise artificial intelligence (AI) software company, reported strong fourth-quarter results for fiscal year 2024, exceeding both its own guidance and analysts’ expectations. The company saw its fifth consecutive quarter of accelerating revenue growth, with subscription revenue increasing 41% year-over-year.The performance comes at a time when the AI industry is experiencing rapid growth and increased attention, particularly in the field of generative AI (GenAI). C3.ai’s focus on enterprise AI ...