C3.ai, Inc. (AI) The Citizens JMP Technology Conference (Transcript)

C3.ai, Inc. (NYSE:AI) The Citizens JMP Technology Conference March 3, 2025 3:00 PM ET

Company Participants

Thomas M. Siebel – Chairman and Chief Executive Officer

Conference Call Participants

Patrick Walravens – Citizens JMP

Patrick Walravens

Okay. So, why don’t we go ahead and get started? So, look, we’re just delighted to have, Tom Siebel, the founder and CEO of C3 AI, joining us at the Citizens Technology Conference.

Tom has graced us with his presence at this conference. I don’t know. How many times, Tom?

Thomas M. Siebel

A bunch of times.

Patrick Walravens

A whole bunch of times, a whole bunch of times.

Thomas M. Siebel

I enjoy it every time, and thank you for including us.

Patrick Walravens

Yes. And so, we’ll talk about, how business is going. C3 just reported last week. They have an incredible partnership going on with Microsoft. We’ll talk about that. And then, Tom, if it’s okay, Tom suffered a health setback last week, which he posted a note about on his website, and he would normally be here in person sitting next to me, but that’s why he’s doing it as a Zoom.

Question-And-Answer Session

Q – Patrick Walravens

So, Tom, let’s start at the top. How’s business?

Thomas M. Siebel

Business is great.

Patrick Walravens

Is it?

Thomas M. Siebel

I mean, last three years. Come on. Growth rate has gone from, what 6% to 16%. And this year, we’re looking at 25% growth. We’ve seen worse. So, we’re quite pleased with the growth acceleration that we’re seeing return to the C3 AI story.

Patrick Walravens

And what is driving it? The highest level, for people who don’t know what C3 AI does, which is, it’s partially the name, but it is the Enterprise AI company in terms of if you think about applications that utilize