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    SEC Form SC 13G/A filed by C3.ai Inc. (Amendment)

    2/13/23 9:22:52 PM ET
    $AI
    Computer Software: Prepackaged Software
    Technology
    Get the next $AI alert in real time by email
    SC 13G/A 1 d428623dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. 2)*

     

     

    C3.ai, Inc.

    (Name of Issuer)

    Class A Common Stock, $0.001 par value per share

    (Title of Class of Securities)

    12468P 104

    (CUSIP Number)

    December 31, 2022

    (Date of Event which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☐ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☒ Rule 13d-1(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. 12468P 104

     

      1    

      NAME OF REPORTING PERSONS

      I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     

      Thomas M. Siebel

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      United States

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      29,420,256 (See Item 4 herein)

       6   

      SHARED VOTING POWER

     

      0 (See Item 4 herein)

       7   

      SOLE DISPOSITIVE POWER

     

      29,420,256 (See Item 4 herein)

       8   

      SHARED DISPOSITIVE POWER

     

      0 (See Item 4 herein)

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      29,420,256 (See Item 4 herein)

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      22.45% of Common Stock (20.11% of Class A Common Stock) (See Item 4 herein)

    12  

      TYPE OF REPORTING PERSON*

     

      IN


    CUSIP No. 12468P 104

     

      1    

      NAME OF REPORTING PERSONS

      I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     

      The Siebel Living Trust u/a/d 7/27/93, as amended

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      California

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      5,623,214 (See Item 4 herein)

       6   

      SHARED VOTING POWER

     

      0 (See Item 4 herein)

       7   

      SOLE DISPOSITIVE POWER

     

      5,623,214 (See Item 4 herein)

       8   

      SHARED DISPOSITIVE POWER

     

      0 (See Item 4 herein)

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      5,623,214 (See Item 4 herein)

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      5.04% of Common Stock (3.29% of Class A Common Stock) (See Item 4 herein)

    12  

      TYPE OF REPORTING PERSON*

     

      OO


    CUSIP No. 12468P 104

     

      1    

      NAME OF REPORTING PERSONS

      I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     

      Siebel Asset Management, L.P.

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      California

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      170,294 (See Item 4 herein)

       6   

      SHARED VOTING POWER

     

      0 (See Item 4 herein)

       7   

      SOLE DISPOSITIVE POWER

     

      170,294 (See Item 4 herein)

       8   

      SHARED DISPOSITIVE POWER

     

      0 (See Item 4 herein)

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      170,294 (See Item 4 herein)

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      0.15% of Common Stock (0.16% of Class A Common Stock) (See Item 4 herein)

    12  

      TYPE OF REPORTING PERSON*

     

      PN


    CUSIP No. 12468P 104

     

      1    

      NAME OF REPORTING PERSONS

      I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     

      Siebel Asset Management III, L.P.

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      California

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      72,695 (See Item 4 herein)

       6   

      SHARED VOTING POWER

     

      0 (See Item 4 herein)

       7   

      SOLE DISPOSITIVE POWER

     

      72,695 (See Item 4 herein)

       8   

      SHARED DISPOSITIVE POWER

     

      0 (See Item 4 herein)

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      72,695 (See Item 4 herein)

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      0.07% of Common Stock (0.07% of Class A Common Stock) (See Item 4 herein)

    12  

      TYPE OF REPORTING PERSON*

     

      PN


    CUSIP No. 12468P 104

     

      1    

      NAME OF REPORTING PERSONS

      I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     

      First Virtual Holdings, LLC

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      California

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      509,216 (See Item 4 herein)

       6   

      SHARED VOTING POWER

     

      0 (See Item 4 herein)

       7   

      SOLE DISPOSITIVE POWER

     

      509,216 (See Item 4 herein)

       8   

      SHARED DISPOSITIVE POWER

     

      0 (See Item 4 herein)

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      509,216 (See Item 4 herein)

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      0.46% of Common Stock (0.01% of Class A Common Stock) (See Item 4 herein)

    12  

      TYPE OF REPORTING PERSON*

     

      OO


    CUSIP No. 12468P 104

     

      1    

      NAME OF REPORTING PERSONS

      I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     

      The Siebel 2011 Irrevocable Children’s Trust

      2  

      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

      (a)  ☐        (b)  ☐

     

      3  

      SEC USE ONLY

     

      4  

      CITIZENSHIP OR PLACE OF ORGANIZATION

     

      California

    NUMBER OF

    SHARES

     BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5     

      SOLE VOTING POWER

     

      1,237,115 (See Item 4 herein)

       6   

      SHARED VOTING POWER

     

      0 (See Item 4 herein)

       7   

      SOLE DISPOSITIVE POWER

     

      1,237,115 (See Item 4 herein)

       8   

      SHARED DISPOSITIVE POWER

     

      0 (See Item 4 herein)

      9    

      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

      1,237,115 (See Item 4 herein)

    10  

      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

     

      ☐

    11  

      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     

      1.11% of Common Stock (1.15% of Class A Common Stock) (See Item 4 herein)

    12  

      TYPE OF REPORTING PERSON*

     

      OO


    Item 1.

     

    (a)

    Name of Issuer

    C3.ai, Inc.

     

    (b)

    Address of Issuer’s Principal Executive Offices

    1400 Seaport Blvd

    Redwood City, CA 94063

    Item 2.

     

    (a)

    Name of Person Filing

    Thomas M. Siebel (“Thomas M. Siebel”)

    Siebel Living Trust 1993 Revocable Trust (“Living Trust”)

    Siebel Asset Management, L.P. (“SAM”)

    Siebel Asset Management III, L.P. (“SAM III”)

    First Virtual Holdings, LLC (“First Virtual”)

    The Siebel 2011 Irrevocable Children’s Trust (“Children’s Trust”)

     

    (b)

    Address of Principal Business Office or, if none, Residence

    c/o C3.ai, Inc.

    1300 Seaport Blvd, Suite 500

    Redwood City, CA 94063

     

    (c)

    Citizenship

     

    Thomas M. Siebel            California
    Living Trust    California
    SAM    California
    SAM III    California
    First Virtual    California
    Children’s Trust    California

     

    (d)

    Title of Class of Securities

    Class A Common Stock, $0.001 par value per share

     

    (e)

    CUSIP Number

    12468P 104


    Item 3.

    If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: NOT APPLICABLE.

     

    (a)   ☐    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
    (b)   ☐    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c)   ☐    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d)   ☐    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
    (e)   ☐    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
    (f)   ☐    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
    (g)   ☐    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)   ☐    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)   ☐    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)   ☐    A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
    (k)   ☐    Group, in accordance with §240.13d-1(b)(1)(ii)(K).

    If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

     

    Item 4.

    Ownership.

    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

     

    (a)

    Amount beneficially owned:

    As of December 31, 2022: 3,072,820 shares of the Issuer’s Class B Common Stock and 26,347,436 shares of the Issuer’s Class A Common Stock, of which (a) 1,756,390 shares of Class A Common Stock were held by Mr. Siebel, (b) 2,072,820 shares of Class B Common Stock and 3,550,394 shares of Class A Common Stock were held by Living Trust, for which Mr. Siebel serves as trustee, (c) 170,294 shares of Class A Common Stock were held by SAM, for which Mr. Siebel serves as the general partner, (d) 72,695 shares of Class A Common Stock were held by SAM III, for which Mr. Siebel serves as the general partner, (e) 500,000 shares of Class B Common Stock and 9,216 shares of Class A Common Stock were held by First Virtual, for which Mr. Siebel serves as Chairman, (f) 1,237,115 shares of Class A Common Stock were held Children’s Trust of which Mr. Siebel is trustee, (g) 500,000 shares of Class B Common Stock and 9,216 shares of Class A Common Stock were held by Patricia A. House, over which Mr. Siebel holds an irrevocable proxy pursuant to a voting agreement between Mr. Siebel and Ms. House, (h) 19,488,991 shares of Class A Common Stock that could be issued to Mr. Siebel in connection with the exercise of stock options within 60 days of December 31, 2022 and (i) 53,125 shares of Class A Common Stock that could be issued to Mr. Siebel in connection with the vesting of restricted stock units within 60 days of December 31, 2022. The Class B Common Stock is convertible at the holder’s option into the Issuer’s Class A Common Stock on a 1-for-1 basis. The holders of Class B Common Stock are entitled to 50 votes per share and the holders of Class A Common Stock are entitled to one vote per share.


    (b)

    Percent of class:

    Based on (i) 107,998,434 shares of the Issuer’s Class A Common Stock issued and outstanding and (ii) 3,499,992 shares of the Issuer’s Class B Common Stock (together with the Class A Common Stock, the “Common Stock”) issued and outstanding, in each case, as of December 31, 2022, as reported by the Issuer, and the information set forth in (a) above:

     

      (A)

    Mr. Siebel beneficially owned 22.45% of the Issuer’s outstanding Common Stock and beneficially owned 20.115% of the Issuer’s outstanding Class A Common Stock; (treating only shares of Class A Common Stock beneficially owned by Mr. Siebel as converted for purposes of computing this percentage);

     

      (B)

    Living Trust beneficially owned 5.04% of the Issuer’s outstanding Common Stock and beneficially owned 3.29% of the Issuer’s outstanding Class A Common Stock;

     

      (C)

    SAM beneficially owned 0.15% of the Issuer’s outstanding Common Stock and beneficially owned 0.16% of the Issuer’s outstanding Class A Common Stock;

     

      (D)

    SAM III beneficially owned 0.07% of the Issuer’s outstanding Common Stock and beneficially owned 0.07% of the Issuer’s outstanding Class A Common Stock;

     

      (E)

    First Virtual beneficially owned 0.46% of the Issuer’s outstanding Common Stock and beneficially owned 0.01% of the Issuer’s outstanding Class A Common Stock; and

     

      (F)

    Children’s Trust beneficially owned 1.11% of the Issuer’s outstanding Common Stock and beneficially owned 1.15% of the Issuer’s outstanding Class A Common Stock.

     

    (c)

    Number of shares as to which the person has:

    Sole power to vote or to direct the vote:

     

    Thomas M. Siebel            29,420,256
    Living Trust    5,623,214
    SAM    170,294
    SAM III    72,695
    First Virtual    509,216
    Children’s Trust    1,237,115

     

    (ii)

    Shared power to vote or to direct the vote:

     

    Thomas M. Siebel            0
    Living Trust    0
    SAM    0
    SAM III    0
    First Virtual    0
    Children’s Trust    0

     

    (iii)

    Sole power to dispose or to direct the disposition of:

     

    Thomas M. Siebel            29,420,256
    Living Trust    5,623,214
    SAM    170,294
    SAM III    72,695
    First Virtual    509,216
    Children’s Trust    1,237,115


    (iv)

    Shared power to dispose or to direct the disposition of:

     

    Thomas M. Siebel            0
    Living Trust    0
    SAM    0
    SAM III    0
    First Virtual    0
    Children’s Trust    0

    Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

     

    Item 5.

    Ownership of Five Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

     

    Item 6.

    Ownership of More than Five Percent on Behalf of Another Person.

    Not Applicable

     

    Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

    Not Applicable

     

    Item 8.

    Identification and Classification of Members of the Group.

    Not Applicable

     

    Item 9.

    Notice of Dissolution of Group.

    Not Applicable

     

    Item 10.

    Certification

    Not Applicable


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    February 13, 2023

     

    Thomas M. Siebel

    /s/ Thomas M. Siebel

    The Siebel Living Trust u/a/d 7/27/93, as amended

    /s/ Thomas M. Siebel

    By: Thomas M. Siebel, Trustee of The Siebel Living Trust u/a/d 7/27/93, as amended
    Siebel Asset Management, L.P.

    /s/ Thomas M. Siebel

    By: Thomas M. Siebel, Trustee of The Siebel Living Trust u/a/d 7/27/93, as amended
    Its: General Partner
    Siebel Asset Management III, L.P.

    /s/ Thomas M. Siebel

    By: Thomas M. Siebel, Trustee of The Siebel Living Trust u/a/d 7/27/93, as amended
    Its: General Partner
    The Siebel 2011 Irrevocable Children’s Trust

    /s/ Thomas M. Siebel

    By: Thomas M. Siebel, Co-Trustee
    First Virtual Holdings, LLC

    /s/ Thomas M. Siebel

    By: Thomas M. Siebel, Chairman
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    Siebel to continue as Executive Chairman C3 AI (NYSE:AI), the Enterprise AI application software company, today announced that Stephen Ehikian has been appointed Chief Executive Officer of C3 AI, effective September 1, 2025. Mr. Ehikian is a recognized innovator in the enterprise software industry and most recently served as Acting Administrator of the U.S. General Services Administration (GSA). Thomas M. Siebel will continue to serve as Executive Chairman. "I am honored to join C3 AI at such a pivotal time in the AI era," said Stephen Ehikian, CEO, C3 AI. "C3 AI is one of the most important companies in the AI landscape and enterprise software, with a platform and applications that are

    9/3/25 4:10:00 PM ET
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    C3.ai downgraded by Oppenheimer

    Oppenheimer downgraded C3.ai from Outperform to Perform

    8/13/25 8:01:30 AM ET
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    C3.ai downgraded by Northland Capital with a new price target

    Northland Capital downgraded C3.ai from Outperform to Market Perform and set a new price target of $17.00

    8/12/25 8:56:45 AM ET
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    C3.ai downgraded by DA Davidson with a new price target

    DA Davidson downgraded C3.ai from Neutral to Underperform and set a new price target of $13.00

    8/11/25 9:45:40 AM ET
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    SEC Form DEFA14A filed by C3.ai Inc.

    DEFA14A - C3.ai, Inc. (0001577526) (Filer)

    9/5/25 4:09:43 PM ET
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    C3.ai Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - C3.ai, Inc. (0001577526) (Filer)

    9/5/25 4:07:16 PM ET
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    C3.ai Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - C3.ai, Inc. (0001577526) (Filer)

    9/3/25 4:14:05 PM ET
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    C3 AI Appoints Stephen Ehikian as Chief Executive Officer

    Siebel to continue as Executive Chairman C3 AI (NYSE:AI), the Enterprise AI application software company, today announced that Stephen Ehikian has been appointed Chief Executive Officer of C3 AI, effective September 1, 2025. Mr. Ehikian is a recognized innovator in the enterprise software industry and most recently served as Acting Administrator of the U.S. General Services Administration (GSA). Thomas M. Siebel will continue to serve as Executive Chairman. "I am honored to join C3 AI at such a pivotal time in the AI era," said Stephen Ehikian, CEO, C3 AI. "C3 AI is one of the most important companies in the AI landscape and enterprise software, with a platform and applications that are

    9/3/25 4:10:00 PM ET
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    C3 AI Launches OEM Program

    Fractal, SMX, and Groundswell join as inaugural partners C3 AI (NYSE:AI), the leading Enterprise AI application software company, today launched the C3 AI Strategic Integrator Program. For the first time, partners can license the tried, tested, and proven C3 Agentic AI Platform to build complex Enterprise AI applications 10 to 100 times faster than traditional methods and then license those applications to their customers. Partners retain all intellectual property rights to product extensions, application capabilities, machine learning models, and other customizations they independently develop on top of C3 AI applications or with the C3 Agentic AI Platform. The program also features

    8/12/25 9:00:00 AM ET
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    Tom Siebel and the Board Initiate Search for Successor CEO at C3 AI

    C3.ai, Inc. ("C3 AI," "C3," or the "Company") (NYSE:AI), the Enterprise AI application software company, today announced that it has initiated a search for Mr. Siebel's successor as Chief Executive Officer of C3 AI. The search will be conducted by an internationally renowned search firm reporting to a search committee consisting of members of the C3.ai board and management team. "After being diagnosed with an autoimmune disease in early 2025, I have experienced significant visual impairment," said Thomas M. Siebel, Chairman and CEO of C3 AI. "For C3 AI to reach its full potential – which I believe is spectacular – the board and I have initiated a search for a new CEO who can take the comp

    7/24/25 9:00:00 AM ET
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    C3 AI Announces Fiscal First Quarter 2026 Financial Results

    Company appoints new Chief Executive Officer C3.ai, Inc. ("C3 AI," "C3," or the "Company") (NYSE:AI), the Enterprise AI application software company, today announced financial results for its fiscal first quarter ended July 31, 2025. These results are consistent with the preliminary financial results the Company announced on August 8, 2025. Fiscal First Quarter 2026 Financial Highlights Revenue: Total revenue for the quarter was $70.3 million. Subscription Revenue: Subscription revenue for the quarter was $60.3 million. Subscription revenue constituted 86% of total revenue for the quarter. Subscription and Prioritized Engineering Services Revenue Combined: Subscription and prio

    9/3/25 4:11:00 PM ET
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    C3 AI Fiscal First Quarter 2026 Preliminary Financial Results

    C3.ai, Inc. ("C3 AI," "C3," or the "Company") (NYSE:AI), the Enterprise AI application software company, today announced preliminary financial results for its fiscal first quarter ended July 31, 2025. All numbers reported are unaudited, preliminary estimates. Completed financial results for the first quarter ended July 31, 2025, an update on fiscal 2026 guidance, and additional details will be provided on September 3, 2025. Fiscal First Quarter 2026 Preliminary Business Update Total revenue for the quarter was $70.2 million – $70.4 million. GAAP loss from operations was ($124.7) million – ($124.9) million. Non-GAAP loss from operations was ($57.7) million – ($57.9) million. $7

    8/8/25 7:30:00 PM ET
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    C3 AI Announces Record Fiscal Fourth Quarter and Full Fiscal Year 2025 Financial Results

    Revenue for the fourth quarter grows 26% year-over-year Baker Hughes and C3 AI renewed and expanded strategic alliance through June 2028 C3.ai, Inc. ("C3 AI," "C3," or the "Company") (NYSE:AI), the Enterprise AI application software company, today announced financial results for its fiscal fourth quarter and full fiscal year ended April 30, 2025. "This was a momentum-building year for C3 AI, achieving 25% revenue growth year-over-year. We delivered breakthrough innovations in agentic AI and dramatically expanded our strategic alliances, including with Microsoft, AWS, Google Cloud, McKinsey QuantumBlack, and renewed and expanded our agreement with one of our most trusted, long-standing

    5/28/25 4:11:00 PM ET
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    Amendment: SEC Form SC 13G/A filed by C3.ai Inc.

    SC 13G/A - C3.ai, Inc. (0001577526) (Subject)

    11/14/24 5:03:49 PM ET
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    Amendment: SEC Form SC 13G/A filed by C3.ai Inc.

    SC 13G/A - C3.ai, Inc. (0001577526) (Subject)

    10/4/24 2:14:34 PM ET
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    SEC Form SC 13G/A filed by C3.ai Inc. (Amendment)

    SC 13G/A - C3.ai, Inc. (0001577526) (Subject)

    2/13/24 4:12:00 PM ET
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