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C3.ai’s stock tumbles on lower forecast and plan to revamp its business model
Sept. 1, 2022, 1:36 a.m. | Mike Wheatley
AI – SiliconANGLE siliconangle.com
Shares of the artificial intelligence software provider C3.ai Inc. crashed in after-hours trading today after the company cut its full-year revenue outlook and announced a major overhaul of its business model in the midst of what it termed an “economic downturn.” The company, which refers to itself as C3 AI, delivered some mixed first-quarter numbers. […]
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