C3 AI (NYSE: AI) is engaged as an enterprise artificial intelligence (AI) application software company. The AI company maintains a suite of fully-integrated products that provides enterprises the opportunity to harness the power of AI for their operations. Shares of the AI company are rallying 25% through afternoon trading on Tuesday, January 31, 2023. Over the past three months, C3 AI has seen average daily volume of 2.38 million shares. However, volume of 30.56 million shares or dollar volume of around $632.59 million, has already exchanged hands through afternoon trading.
Shares of C3 AI are gaining after the company unveiled its new C3 Generative AI Product Suite and its first product, C3 Generative AI for Enterprise Search. The AI enterprise search product will allow organizations to rapidly locate, extract and present relevant data across an enterprise’s vast information systems.
The new product provides an ideal user experience using natural language. The AI company is able to provide this level of support for the latest AI capabilities by utilizing the latest and most advanced AI models available today, such as ChatGPT and GPT-3.
The C3 Generative AI Product Suite is also able to integrate advanced transformer models with the company’s pre-built AI apps to help clients accelerate their use of the AI models within their business. Furthermore, management sees the new AI product suite serving as a key asset across a wide range of industries: oil & gas, supply chain, CRM, ESG, aerospace & defense, financial services, healthcare, utilities, consumer goods & services and more.
The C3 Generative AI Product Suite is scheduled to be available for general release sometime in March 2023. C3 AI will be featuring its latest product and its technological capabilities at the C3 Transform international users’ group conference in Boca Raton, Florida on March 7, 2023.
“C3 Generative AI fundamentally changes the human computer interaction model of enterprise application software,” said C3 AI CEO Thomas M. Siebel. “Combining the full potential of natural language, generative pre-trained transformers, enterprise AI, and predictive analytics will change everything about enterprise computing.”
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