Published on 28 Mar 2024 on Zacks via Yahoo Finance
C3.ai AI recently announced an expanded partnership agreement with Paradyme, a technology solutions company specializing in enhancing operational efficiency and business agility for the U.S. government. This collaboration aims to accelerate the delivery of AI solutions tailored to the U.S. Intelligence Community.Since 2021, C3.ai and Paradyme have been working together to provide AI-powered applications that offer predictive insights to federal agencies. Under the new agreement, Paradyme will bolster its workforce dedicated to joint selling and delivery efforts. This expansion includes training on and selling C3 Generative AI for Defense and C3 AI Law Enforcement, in addition to the C3 AI Defense and Intelligence Suite.Through this collaboration with C3.ai, Paradyme is leveraging its substantial domain expertise and dedicated workforce, which will play a pivotal role in accelerating the transition and deployment process from pilot to hardened AI application.C3.ai has been benefiting from its expanding federal clientele. In third-quarter fiscal 2024, U.S. federal business revenues jumped 100% year over year and bookings surged 85%.
C3.ai, Inc. Price and Consensus
C3.ai, Inc. Price and Consensus